An increase should see the market continue to climb. Resistance today is at the 2852.80 high followed by 2860.00 and 2866.00 in extension. The 2875.00 area can provide resistance above these levels. Support is located at 2823.17 and 2807.85. A loss to these levels could signal a larger drop, as the …
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LiteForex has announced several changes to its trading conditions that will be implemented in next week. The FX and CFD brokerage notified its clients that the Stop Out and Margin Call levels will be modified in several account types. The updated conditions will take effect on January 9. According to …
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GBPUSD has reached higher in the last few trading sessions. Today's high was 1.38191 before the price retraced lower. All of this current leg higher resulted from a breakout of the Bull flag pattern starting on the 3rd of January, the high of which forms new support at 1.36127. The breakout occurred on …
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Bloomberg reports that the Chinese government plans to block domestic access to homegrown and offshore platforms that enable centralised trading on cryptocurrencies. No specifics have been given on how they would define such platforms though. It also says that authorities are targeting individuals …
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