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AUD/USD: Weaker below 0.6900 despite upbeat Australian data

Sellers continue to lurk above 0.6900, knocking-off AUD/USD back below the latter, as markets shrug-off upbeat Australian Retail Sales and Trade data. Broad-based dollar bounce and US-China tensions weigh down on the aussie. 

AUD/USD News

USD/JPY: Bullish bias intact while above 21-HMA in potential rising channel

USD/JPY's bullish bias likely remains intact so long as the spot holds above the upward sloping 21-Hourly Simple Moving Average (HMA) support, now at 108.83. The focus now shifts towards Thursday’s US Jobless Claims for the next direction. 

USD/JPY News

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Bitcoin Price Prediction: BTC/USD en route to $20,000 by end of 2020

Bitcoin price has employed defense mechanisms after a breakdown from highs above $10,000. The price formed a weekly low below $9,400 before recovering above $9,600. The trading commenced at $9,667 on ...

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Ripple Price Analysis: XRP/USD sandwiched between SMA 200 and SMA 50 curves

XRP/USD dropped from $0.203 to $0.2028 as Wednesday’s sessions came to a close. The price is floating above the green Ichimoku cloud and between the SMA 200 and SMA 50 curves.

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ETH/USD trends near the upper curve of the 20-day Bollinger band

ETH/USD went up from $237.65 to $242.16 as Wednesday’s session came to a close. The price is trending near the upper curve of the 20-day Bollinger band, as the MACD shows increasing bullish momentum. 

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