Dale J Pinkert
Independent Analyst
In today’s TradeGATEHub session, special guest Margo (@Margo_Amala) shares her personal journey and unique perspective on planetary influences. She discusses astrological insights leading up to the U.S. election and examines the potential market implications of today's Super Moon. Margo also covers #TLT and highlights a key date she believes may serve as an inflection point in the markets. This session provides a fascinating blend of astrology and market analysis for traders.
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AUD/USD: Next on tap comes the 200-day SMA
There was no respite for the selling pressure in AUD/USD, with the pair this time breaking below the key 0.6700 support level and opening the door to a potential visit to the key 200-day SMA at 0.6626.
EUR/USD: The ECB could accelerate the decline
EUR/USD retreated for the sixth consecutive day on Wednesday, breaching the critical 200-day SMA and hitting new two-month lows around 1.0860 ahead of the key interest rate decision by the ECB on Thursday.
Gold fresh record highs at sight
Gold price scales higher for the second straight day on Wednesday – also marking the fourth day of a positive move in the previous five – and climbs toward the all-time-high it set at $2,685 in late September.
Solana Price Forecast: SOL gears up to test $172 resistance
Solana (SOL) gains on Wednesday, trades above $154 at the time of writing. SOL token has traded within a range between the March 18 peak of $210.18 and the August 5 low of $110 for six consecutive months.
British inflation dips to 1.7% in September
And speaking of inflation and Europe, inflation in Britain not only fell below 2% in September but came in significantly lower than expected (1.7%y-o-y vs 1.9% expected).
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