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GBPUSD Day | Reacting off resistance level?
XAUUSD Day | Falling to support level?
MakerDAO Secures $6 Billion for Treasury Bill Investments, Propelling MKR to Dominate 2023 as Best-Performing Cryptocurrency
Do you have plans for trading in October?

XAUUSD Day | Falling to support level?

The XAU/USD chart is currently showing bearish momentum, indicating a potential move down toward the initial support level at 1804.71. This support level is considered significant as it represents an overlap of support. On the upside, the first resistance level at 1891.81 is noted as a pullback resistance, potentially limiting further upward movement. Recommended Trade … Read more

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MakerDAO Secures $6 Billion for Treasury Bill Investments, Propelling MKR to Dominate 2023 as Best-Performing Cryptocurrency

1. MakerDAO has secured $6 billion for treasury bill investments. 2. The investment in US government bonds has propelled the governance coin MKR to its highest level since April 2022. 3. MKR has outperformed other major cryptocurrencies, including Bitcoin, with a surge of 77% this quarter. 4. MakerDAO’s decision to invest in short-term US Treasuries … Read more

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EURUSD d1

A Comprehensive Overview of Inflation and Trading Prospects

An economic phenomena known as inflation gradually reduces the purchasing power of money. The value of money diminishes when prices rise, which can have significant effects on traders and investors. We will discuss strategies, profitability, risks, asset selection, inflation forecasts, and expert views as we delve into many facets of trading amid inflationary in this … Read more

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Trend Breakout Strategy

Time Frame: M30 Currency Pair: EUR/USD,USDCHF,GBPUSD,AUDUSD,USDCAD,XAUUSD,NZDUSD,  Indicators: 9 Exponential Moving Average (EMA)20 Exponential Moving Average (EMA) BUY ENTRY Rules: 1.Setup your chart: Open a chart on MetaTrader 4 platform.Select the M30 time frame.Add the 9 EMA and 20 EMA to the chart. 2.Identify a downward trending currency pair: Look for a currency pair that is … Read more

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GBPUSD Market Analysis

US Dollar Climbs as Risks Swirl and Sterling Struggles for Traction. Lower GBP/USD?

On concerns about global growth, the US dollar started to rally again this week. Sterling withstood a test of support levels, but will GBP/USD continue to hold up? Investors are moving into Treasuries and Gilts as a result of increased scrutiny of China’s economy.     Despite Treasury yields falling coming into Wednesday’s session, the … Read more

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