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Author Archives: Forex Crunch

XRP/USD targets 0.5252 as the Ripple rally continues

Ripple is on fire, enjoying a spectacular recovery. There are three levels for the 40% jump, and the move may not be over just yet. What levels should we watch? The Technical Confluence Indicator shows that an initial target is at $0.4817 which is ...

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EUR/USD getting a bit of altitude sickness

The EUR/USD is trading near 1.1800, holding onto high ground. Markets are calm about trade and ignoring other concerns.  The technical charts show the pair is flirting with overbought conditions. The EUR/USD is trading just below 1.1800, holding onto the gains it ...

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EUR/USD eyes a happy Friday after rallying on Thursday

The EUR/USD made a significant move to the upside and consolidated in the upper part of the 1.1700 handle. What’s next? The Technical Confluences Indicator shows that the pair is currently battling the 1.1788 level. This is the convergence of the Pivot Point one-month Resistance 1, ...

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EUR/USD stuck at 1.1680 – where next?

The EUR/USD has settled below 1.1700, getting comfortable in a higher range but not going anywhere fast. There is a reason why it is stuck there, yet a break can send it shooting higher. The Technical Confluences Indicator shows that the EUR/USD is stuck ...

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