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BTCUSD rises for the fourth consecutive day, extending recovery from last week’s double rejection just above psychological 100K. Bitcoin received fresh boost from renewed risk appetite, as markets feel relief on start of US-China trade talks and expect positive outcome, that continues to fuel positive sentiment. The pair rose over 1.5% until early US session […]

The post Bitcoin Extends Recovery on Brightening Trade Outlook appeared first on Action Forex.

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11/04/2025

Back to Red

Tariff-pause optimism didn’t last long. Although the European markets followed the US to the upside, mood in the US turned increasingly sour and led to another wave of selloff as the trade war escalated with China. China announced to restrict the US movie imports and the US increased its tariffs on Chinese goods to 145%. […]
24/01/2024

Netflix Beats

Netflix jumped 8% in the afterhours trading as its revenue and new subscriptions topped estimates. More than 13 mio people decided that Netflix was worth paying for, and the number of total paid subscribers rose past 260 mio. The password sharing ban has been a boon for the company. The only thing they regret is […]
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Technical Outlook and Review

DXY: The DXY (Dollar Index) chart reflects bullish momentum, indicating a possible bullish rebound near the pivot level and subsequent movement towards the 1st resistance. The pivot at 102.62 acts as significant overlap support, suggesting potential buyer intervention for a bullish bounce. The 1st support at 101.93 reinforces this pattern. On the resistance side, the […]