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Trading Analysis for BTCUSD
09/12/2024

Following the U.S. presidential election, Bitcoin’s value experienced a substantial increase. The election of Donald Trump, who has shown support for cryptocurrencies, has been a key factor in this rise. The nomination of Paul Atkins, a pro-crypto advocate, to lead the Securities and Exchange Commission (SEC) has further bolstered market confidence.

Trading Analysis for XAUUSD
09/12/2024

Gold (XAU/USD) maintained a modest recovery last week, hovering near $2,650 as persistent global uncertainties and softer U.S. economic data provided support. Despite brief upward momentum, prices struggled to break decisively above the $2,650 barrier due to a firm U.S. dollar and stable Treasury yields.

Trading Analysis for EURUSD
09/12/2024

As of December 9, 2024, EUR/USD is trading near 1.0550, reflecting a mild negative bias. This movement is partly due to market speculation about potential rate cuts by the European Central Bank (ECB).

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