MARKET ANALYSIS

2021-03-03 22:38:05 UTC+00

Analytics and trading signals for beginners. How to trade GBP/USD on March 4? Analysis of Wednesday. Getting ready for Thursday
The British pound was trapped in a triangle. Traders are still thinking about where to move next.
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2021-03-03 20:41:35 UTC+00

Short-term technical analysis on EURUSD
EURUSD bounced from 1.1991 to 1.2112 but bulls were unable to hold price above 1.21. Price has almost retraced 50% of the decline from 1.2242. Short-term support remains at recent lows of 1.1991 and as long as price is above this level there are hopes for a bigger bounce towards 1.2150.
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2021-03-03 20:37:16 UTC+00

Ichimoku cloud analysis of Gold
Gold price remains in a bearish trend. All parts of the Ichimoku cloud indicator confirm that we are in a bearish trend as long as price is below $1,790. A break above $1,790 will signal the increased chances of a trend reversal.
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2021-03-03 20:32:12 UTC+00

GBPUSD still in bullish trend
GBPUSD has reached as high as 1.4230 and is now pulling back towards 1.3950. Trend remains bullish as price continues making higher highs and higher lows. Despite the recent pull back of more than 200 pips, price is still above the major long-term support trend line.
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2021-03-03 20:27:42 UTC+00

Short-term analysis in XRP/USD
XRP/USD is trading around $0.44. Price remains below the major long-term resistance area of $0.62-$0.75 where a double top formation was created. However in the nearer term, price has potential to push towards $0.51.
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2021-03-03 19:42:13 UTC+00

Technical Analysis of BTC/USD for March 03, 2021
If Bitcoin can stay above $47 k, it would mark an end to the recent pullback. Last week, Bitcoin fell remain within a framework of correction from the high price of 58,258 USD to the bottom of 43,117 USD.
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2021-03-03 17:27:21 UTC+00

March 3, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
Upside movement was expected towards the upper limit of the current movement channel around 1.4100-1.4150 where bearish rejection and a possible SELL Entry are expected to be present especially with the recent overbuying status of the pair. Short-term outlook can turn into bearish if only the GBP/USD pair could break below and maintain movement below 1.3900 which corresponds to a recent prominent KeyZone.
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2021-03-03 17:26:03 UTC+00

March 3, 2021 : EUR/USD Intraday technical analysis and trade recommendations.
recent bullish spike has pursued above 1.2150 - 1.2175 (backside of the broken channel limit) where bearish rejection was previously anticipated. However, Further bullish movement was expressed to pursue towards 1.2250 which applied significant bearish pressure on the pair.
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2021-03-03 17:24:54 UTC+00

March 3, 2021 : EUR/USD daily technical review and trade recommendations.
Upside movement was expressed towards 1.2250 where significant SELLING Pressure was found, leading to the current downside movement towards 1.2040. The price zone of (1.2040 down to 1.1990) corresponds to the previous Weekly Low which may provide some buying pressure. If so, upside pullback movement towards 1.2100-1.2120 should be expected.
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2021-03-03 15:36:47 UTC+00

BTC analysis for March 03,.2021 - Completion of the abc in progress and potential for downside movement towards $47.280
Watch for selling opportunities...
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