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EURCHF Registers Gains, Bullish Momentum Expected – February 12, 2025
The EURCHF currency pair has regained a bullish momentum after settling above key support at 0.9380. This has allowed the pair to surpass the...
AUDCAD Continues Bearish Trend – Forecast for February 10, 2025
The AUDCAD pair maintains its downward trajectory after confirming a breakdown below the 0.9115 resistance level. Recently, the pair has moved beneath the 55-period...
What Currency is Stronger than the US Dollar?
The United States dollar (USD) is the world's most widely used currency, both in global trade and as a reserve currency. Despite its dominance,...
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Why Is the Pound So Strong?
The British pound (GBP) is one of the oldest currencies still in circulation and has been a...
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What Is the Most Expensive Money in the World?
Currency is an essential component of the global economy, acting as a medium of exchange, a store...
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Which Currency is Higher Than the Dollar?
When it comes to global finance and foreign exchange markets, the US dollar (USD) is often seen...
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AUDUSD Completes Bearish Pattern, Paving the Way for Further Declines
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As today's trading session commences, the AUDUSD pair exhibits pronounced negativity, targeting the 0.6570 level and showing clear intentions to breach it. A detailed...
NZDUSD Encounters Firm Resistance, Paving the Way for Potential Bearish Movement
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The NZDUSD pair has encountered robust resistance at the 0.6140 level, prompting a bearish rebound with a trajectory towards a potential test of 0.6070...
USDCHF Awaits Confirmation Signal as Range-bound Trading Persists
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The USDCHF pair has exhibited limited movement within a narrow range since the previous session, remaining ensnared between key support at 0.8605 and resistance...
USD/CHF Encounters Negative Pressures Amidst Potential Reversal Patterns
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The USD/CHF pair is currently experiencing fresh negative trades, settling below the 0.8630 level. Notably, there is an emerging potential double top pattern on...
GBP/JPY Initiates a Decline, Confirming Bearish Scenario
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The GBP/JPY pair has initiated a response to negative factors, marked by the establishment of an additional barrier at 189.00 and signals of negative...
EUR/JPY Resumes Downward Trend with Clear Bearish Signals
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The EUR/JPY pair has witnessed a consistent decline marked by distinct negative trades, primarily influenced by the frequent oscillation within a bearish channel. This...
CAD/JPY Pair Consolidates Below Resistance, Bearish Outlook Prevails
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The CAD/JPY pair has seen multiple closures below the critical resistance level of 110.45, significantly dampening the prospects of establishing new positive positions. It...
NZDUSD Consolidates Above Support, Primed for Bullish Momentum
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The NZDUSD pair has successfully tested the level of 0.6070 and maintained stability above it. Currently, the pair is exhibiting positive trades, indicating an...
USDCHF Nears Initial Target Amid Positive Momentum
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The USDCHF pair has recommenced its upward trajectory, inching closer to the initially awaited target at 0.8740. Further upward movement is anticipated to achieve...
GBPJPY Achieves Initial Target Amid Bearish Momentum
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The GBPJPY pair has experienced successive negative closures, influenced by the resilience of the major resistance at 189.25. This led to the formation of...
EURJPY Indicates Delay in Bullish Rally
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The EURJPY pair has signaled a postponement in its bullish momentum after being unable to breach the 161.80 barrier. Instead, it is observed to...
EURUSD Gains Positive Momentum, Aims for Bullish Trend
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The EURUSD pair is currently positioned around the critical 1.0900 barrier, with the EMA50 acting as a persistent obstacle to the upward movement. Notably,...