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Wednesday, January 27, 2021
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Economy

USD/JPY forms head and shoulders as exports fall for 22 straight months

Ronald Slater - 0
The USD/JPY is little changed today as traders react to Japan exports and imports numbers. The country's exports declined by 4.9% while imports fell by...
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Economy

AUD/USD forms bearish flag after impressive China GDP data

Ronald Slater - 0
The AUD/USD pair formed a bearish flag pattern as investors react to China GDP data. The country's economy expanded by 4.9% year-on-year in the second...
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Economy

GBP/USD forms hammer pattern ahead of key Brexit deadline

Ronald Slater - 0
The GBP/USD pair rose as the UK and the EU are set to continue Brexit talks past the tomorrow's deadline. Analysts believe that the two...
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Economy

USD/SGD forms head and shoulders pattern as Singapore GDP rebounds

Ronald Slater - 0
The USD/SGD price has formed a head and shoulders pattern on the daily chart. Data from Singapore showed that the economy rebounded in the third...
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Economy

Chainlink (LINK) forms a bull flag that might take it to $25

Ronald Slater - 0
Chainlink hit a new ATH this year, surging from the bottom near $1 to nearly $20. The coin saw a correction since then, but this...
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Economy

The US IRS agency adds crypto questions to tax forms

Ronald Slater - 0
US tax agency, the IRS, is taking the next step in an attempt to get people to report their crypto earnings. The IRS released a...
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Economy

EUR/USD forms hammer pattern after mixed Eurozone PMI data

Ronald Slater - 0
The EUR/USD pair formed a hammer pattern as the market reacted to the Eurozone PMI data. The manufacturing PMI rose to 53.7 in September while...
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Economy

Central bank of Brazil forms a team for studying crypto

Ronald Slater - 0
Brazil's central bank recently revealed the existence of a new group dedicated to studying crypto. The bank remains skeptical of the idea of launching the...
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Forex news

XAU/USD slips below $1,950, forms rising wedge on hourly chart

Debbie Fong - 0
Gold prices struggle to...
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Economy

GBP/USD forms shooting star pattern after strong UK PMI data

Ronald Slater - 0
The GBP/USD has formed a bearish shooting star pattern on the daily chart. The pair is reacting to the strong manufacturing PMI data from the...
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