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The Bitcoin/USD pair skyrocketed by 1.4% in the last session. However, the Commodity Channel Index (CCI) is currently giving a negative signal.
Alibaba shares rose by 1.1% in the last session. The Williams Percent Range indicator suggests that we are currently in an overbought market.
The AUD/USD pair rose 0.8% in the last session. The Ultimate Oscillator is currently giving a positive signal.
The Gold/USD pair exploded by 1.1% in the last session. The Rate of Change (ROC) indicator is giving a positive signal.
OPEC has raised its forecast for world oil demand in the medium and long term, citing growth led by India, Africa, and the Middle East, as well as a slower shift to electric vehicles and cleaner fuels. China's yuan hit a 16-month high against the US dollar after the central bank revealed new stimulus measures. The Celsius Network's native tokens surged by over 300% a month after initiating a $2.5 billion repayment scheme for more than 250,000 creditors.
Key economic events to look out for include:
