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Gold Price Analysis: Key levels to watch ahead of Fed, upside still favored – Confluence Detector
Gold (XAU/USD) treads water around $1950, as the bulls turn cautious in the run-up to the Fed showdown. The dovish Fed expectations amid coronavirus-led economic risks and US fiscal stand-off keep the upside favored in the yellow metal.
The buyers, however, await a fresh impetus for the next push hi
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Bank of England to Add CBDC Support to New Payment System
Photo: Bloomberg, Bank of England
The Bank of England (BoE) is making its new payment settlement infrastructure compatible to support transactions with central bank digital currency (CBDC).
The update by the crypto-centric news website Coindesk followed the central bank’s official announcement on
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EUR/JPY Price Analysis: Decent support emerged near 122.90
EUR/JPY stays on the defensive but managed to regain 123.00.
The key support area around 122.90 holds the downside so far.
EUR/JPY keeps correcting lower on the back of renewed JPY-buying and despite the firm performance of the European currency. Friday’s pullback met support in the 122.90 region,
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EURUSD Update
#EUR/USD#
EURUSD is wave ( iii ) of 3. Fibo 1.618 is an important threshold that can end wave ( iii ).
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20.07.31 GBP/USD
#GBP/USD#
Hello Traders! Please support this idea with a LIKE if you find it useful. GBP/USD , 2H. - This post does not provide financial advice. It is for educational purposes only. *vacation August. 1~5.
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keep eye on GBPNZD @ 1.91200 u can place ur sale stop with 20 pipes SL. #GBP/NZD# 16.07.20
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Pull-up Update
