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GBP/USD Rising Slowly, But Brexit Concern Remains A Barrier
Pound’s upward move faces a lot of resistance in the near-term, with major technical levels and Brexit headlines both weighing on the GBP.
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Cryptocurrency – The Way For Iranians To Get Away With US Sanctions
For now, it is not clear what strategy will the Iranian government adopt for developing Blockchain technology, if any and how will they use the cryptocurrencies to save the country’s economy from more downturns due to US sanctions.
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AUDUSD Analysis – Waiting For A Further Decline
The AUD/USD is showing us a healthy downtrend, so after every mild recovery, we should wait for a stronger single drop.
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Venezuelan Government Forces Its Cryptocurrency Petro On Pensioners
Pensioners that have been forced to use this cryptocurrency, still have the ability to convert it to Bolivars and withdraw the fiat currency. Which then begs the question, why does Petro even exist then?
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NEO Analysis – That Looks Quite Promising
NEO price went down almost straight away and was declining till 15th of December when we made new long-term lows around 5.5 USD.
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EUR/USD Remains In The Same Range After ECB Press Conference
The Euro struggled this week and declined below the 1.1400 and 1.1380 support levels against the US Dollar. The EUR/USD pair traded towards the 1.13000 level and later formed a support near 1.1310.
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