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USDCAD Continues Bearish Momentum, Eyes Channel Support at 1.3400

The USDCAD pair experienced temporary gains yesterday but subsequently turned bearish, settling around the EMA50 and maintaining the prevailing downtrend on the intraday basis....

EURJPY Benefits from Positive Pressures, Aiming for Bullish Attack

The EURJPY pair has capitalized on robust positive pressures, propelled by the stochastic indicator reaching overbought levels. This resulted in a rally above the...

GBPJPY Delays Decline, Showing Bullish Momentum

The GBPJPY pair appears to have postponed its corrective bearish movement, as indicated by a positive close above 186.55 yesterday. This suggests a resurgence...

What does over melt mean in gold?

Gold, an enduring symbol of wealth and prosperity, has captivated human fascination for millennia. From ancient civilizations to modern economies, gold retains its allure...

NZD/USD Surpasses Resistance, Aims for 0.6140 Target

The NZD/USD pair has successfully breached the 0.6070 level, closing above it, signaling a reversal to the upside. The pair is now poised to...

USD/CHF Shows Positive Momentum, Aiming for 0.8800 Target

The USD/CHF pair encountered solid resistance at a previously broken bullish trend line, leading to a temporary bearish bias. However, stochastic indicators indicate a...

What is bear put spread?

In the intricate world of forex trading, investors seek various strategies to navigate market volatility and capitalize on price movements. One such strategy is...

Ethereum (ETH) Staking Ratio Surges Despite Shapella

Despite initial expectations surrounding the Shapella hard fork, Ethereum's (ETH) staking ratio has surprisingly surged to 24%, showcasing resilience in the staking ecosystem. Ki...

Cryptocurrency Market Analysis: Solana (SOL) Navigates Crucial Resistance, XRP’s Predictability

In the ever-evolving landscape of cryptocurrencies, key players such as Solana (SOL), XRP, and Ethereum (ETH) are currently undergoing pivotal technical developments that could...

AUDUSD Initiates Positive Momentum, Faces Crucial Resistance at 0.6500

The AUDUSD pair commences the trading day on a positive note, aiming to breach the critical 0.6500 level. This development urges caution among traders,...

NZDUSD Sustains Bearish Momentum, Eyes Further Downside

The NZDUSD pair maintains its bearish stance, residing below the critical 0.6070 level, signaling the persistence of a negative trend in the upcoming period,...

Why is it called spot gold?

Gold has held a special place in human history for centuries, revered for its intrinsic value, beauty, and status as a store of wealth....

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