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AUD/USD: Tough resistance aligns around 0.6800
AUD/USD gave away some of its Friday’s robust move higher, coming under pressure soon after approaching the key resistance area near 0.6800 on the back of a decent recovery in the Greenback.
EUR/USD: Initial up-barrier comes at 1.1200
EUR/USD could not sustain the earlier move to YTD peaks around 1.1200 and receded to the 1.1150 zone against the backdrop of a bullish attempt in the US Dollar, which came in tandem with higher US yields across the curve.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold retains gains above $2,500, higher highs at sight
Gold retreats from the daily high it set above $2,520 but manages to stay afloat above $2,500 on Monday. The 10-year US yield stabilizes near 3.8% and the US Dollar benefits from the negative shift seen in risk sentiment, making it hard for XAU/USD to stretch higher.
Ripple slips under $0.60 whales dump 140 million XRP tokens in seven days
Ripple (XRP) posts a second consecutive session of losses on Monday, dipping under the key psychological support of $0.60, as large-wallet investors seem to have engaged in a selling spree, ushering a correction in the price of XRP Ledger’s native token.
Toncoin price crashes double-digits as Telegram CEO Pavel Durov Arrested
Toncoin (TON) plunged 14% in two days, reaching a low of $5.23 on Sunday. As of Monday, it trades at around $5.73. This bearish sentiment was initiated by the arrest of Pavel Durov, CEO of Telegram, by the Fench authorities on Saturday.