Tag: currency
EURJPY Price Analysis – Forecast for June 21, 2024
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Expected Scenario The EURJPY pair has successfully achieved the first additional target at 170.35, following which it experienced a temporary negative rebound. This pullback was...
AUDCAD Faces Correctional Bearish Waves – Forecast for June 21, 2024
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AUDCAD Price Analysis The AUDCAD price has recently confirmed the end of its bullish momentum by encountering the 61.8% Fibonacci correction level at 0.9173. This...
USDJPY Price Crawls Upwards – Forecast for June 20, 2024
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Current Situation The USDJPY pair is exhibiting a bullish bias, moving above the 158.00 barrier and reinforcing expectations for a continued upward trend. Key Levels and...
GBPUSD Price Awaits Confirmation Signal – Forecast for June 20, 2024
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Current Situation The GBPUSD pair remains confined within a narrow range, oscillating between a support level at $1.2700 and a resistance level at $1.2730. As...
EURUSD Forecast: Bearish Sentiment Prevails
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The EURUSD price analysis indicates a negative outlook for today, June 20, 2024. The currency pair traded narrowly yesterday due to the U.S. market...
Japan Stocks Close Higher; Nikkei 225 Up 0.29%
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Japan stocks finished higher on Thursday, with gains primarily driven by the Textile, Chemical, and Services sectors. At the close, the benchmark Nikkei 225 index...
What is Spot for a Gram of Gold?
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The concept of "spot" in the context of precious metals like gold is essential for investors, traders, and even jewelry buyers. Understanding the spot...
Sterling Firms Versus Euro and Dollar After UK Inflation Data
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Following the release of UK inflation data, the British pound strengthened as underlying price pressures indicated the Bank of England (BoE) might delay interest...
Indonesian Stocks Close Slightly Lower, IDX Composite Index Falls 0.04%
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Indonesian stocks closed slightly lower on Wednesday, with the IDX Composite Index slipping by 0.04% to reach a new six-month low by the end...
USDJPY Price is Stable: Forecast for June 19, 2024
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USDJPY Price Analysis The USDJPY price has settled above the 157.35 level, showing no significant movement yesterday. This stability maintains the expected bullish trend scenario...
USDCAD Price Heads Towards Support: Forecast for June 19, 2024
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USDCAD Price Analysis The USDCAD price is currently experiencing new negative pressure, having broken below the support line of its bullish channel. This movement suggests...
AUDUSD Price Achieves Clear Gains: Forecast for June 19, 2024
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AUDUSD Price Analysis The AUDUSD price experienced a strong rally yesterday, breaking above the $0.6640 level and settling above it. This breakout has halted the...