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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6870.39
6870.39
6870.39
6895.79
6858.28
+13.27
+ 0.19%
--
DJI
Dow Jones Industrial Average
47954.98
47954.98
47954.98
48133.54
47871.51
+104.05
+ 0.22%
--
IXIC
NASDAQ Composite Index
23578.12
23578.12
23578.12
23680.03
23506.00
+72.99
+ 0.31%
--
USDX
US Dollar Index
98.830
98.910
98.830
98.960
98.810
-0.120
-0.12%
--
EURUSD
Euro / US Dollar
1.16548
1.16555
1.16548
1.16553
1.16341
+0.00122
+ 0.10%
--
GBPUSD
Pound Sterling / US Dollar
1.33405
1.33416
1.33405
1.33420
1.33151
+0.00093
+ 0.07%
--
XAUUSD
Gold / US Dollar
4209.18
4209.56
4209.18
4213.06
4190.61
+11.27
+ 0.27%
--
WTI
Light Sweet Crude Oil
59.951
59.988
59.951
60.063
59.752
+0.142
+ 0.24%
--

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Inida's Nifty Psu Bank Index Down 1.3%

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India Markets Regulator Official: Have Created A Platform For Real Time Monitoring Of Algo Returns

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Cambodia Provincial Official: 3 Cambodian Civilians Seriously Injured In Thai-Cambodia Fighting

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Russia's Air Defences Destroy 67 Ukrainian Drones Overnight, RIA Agency Reports

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India's Nifty 50 Index Down 0.37%

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Hsi Down 287 Pts, Hsti Down 13 Pts, Pop Mart Down Over 8%, Ping An Hit New Highs

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China's November Coal Imports Down 20% Year-On-Year

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At Least One Thai Soldier Killed And 7 Wounded - Thai Army Spokesman

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India's Nifty Bank Futures Up 0.73% In Pre-Open Trade

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Cambodia Has Expanded Clashes To Several New Locations - Thai Army Spokesman

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Cambodian Military Has Increased Deployment Of Troops And Weapons - Thai Army Spokesman

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India's Nifty 50 Futures Up 0.53% In Pre-Open Trade

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India's Nifty 50 Index Down 0.1% In Pre-Open Trade

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Indian Rupee Opens Down 0.1% At 90.0625 Per USA Dollar, Versus 89.98 Previous Close

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China November Copper Imports At 427000 Tonnes

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China November Coal Imports At 44.05 Million Tonnes

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China November Iron Ore Imports At 110.54 Million Tonnes, Down 0.7 % From October

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China November Meat Imports At 393000 Tonnes

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China Imported 8.11 Million Tonnes Of Soy In November

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China November Crude Oil Imports Up 5.2 % From October

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          Strong Dollar Rally, Continuing Retracement

          Damon

          Cryptocurrency

          Summary:

          The medium-term recovery does not give a signal of the end, and the intraday trend is merely a short retracement and consolidation.

          BUY ETH-USDT
          Close Time
          CLOSED

          1600.00

          Entry Price

          1660.00

          TP

          1570.00

          SL

          3125.60 +98.64 +3.26%

          300.0

          Pips

          Loss

          1570.00

          SL

          1569.19

          Exit Price

          1600.00

          Entry Price

          1660.00

          TP

          Fundamentals

          The strong rally of the dollar index was the main reason for the retracement in the last few days. Another reason is that the world's largest cryptocurrency exchange, Binance, will suspend US dollar deposits and withdrawals, which has triggered some panic in the market. Therefore, in the period of recovery of market confidence, it is normal to have oscillations and hovers as a retracement trend. On the whole, the market's current medium-term recovery does not give a signal of the end, and the intraday trend is merely a short retracement and consolidation.

          Technical Analysis

          In the daily chart, the current round of Ether's rise can be divided into two stages. The first is the unilateral rise from 1200 as the starting point to the first hit of 1640. The second one is the ongoing oscillating rise at highs. The price is now in the process of adjustment at highs and is still oscillating within the box, which is in the position of the box pivot.ETH-USDT: Strong Dollar Rally, Continuing Retracement _1
          A compressed downward triangle oscillation channel was formed in the 1-hour chart, and the long cycle is in the oscillating upward channel. From the chart, the key support is the 1580-1600 range. If going long after the price has stepped back below the 1600 position during the day, then the stop loss is below 1580, and the take-profit position is in the 1650-1668 range. If shorting near the 1668-1672 range position above, then the stop-loss position is in 1700 and the take-profit position is in the 1620-1600 range.ETH-USDT: Strong Dollar Rally, Continuing Retracement _2

          Trading Recommendations

          Trading direction: Long
          Entry price: 1600
          Target price: 1660
          Stop loss: 1570
          Support: 1600/1570
          Resistance: 1650/1670
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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