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EUR/USD Price Forecast Update – December 19, 2024

The EUR/USD is showing increased bullish momentum, testing the $1.0400 level. However, it is anticipated that the price will soon encounter negative pressure, which...

CHFJPY Continues to Test Key Resistance Level – Forecast for December 17, 2024

The CHFJPY currency pair has maintained its upward momentum, benefiting from positive signals from the stochastic oscillator. The pair is now pressing against the...

GBP/USD Forecast Update – December 13, 2024

The GBP/USD pair continues to display signs of further downside movement, reinforcing expectations for the persistence of the bearish trend throughout the day. The...

EURJPY Reaches Target, Bullish Momentum Expected to Continue – Forecast for 12-12-2024

The EURJPY currency pair resumed its upward momentum yesterday after testing the extended support line at 158.80,...

CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024

The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and...

GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024

The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at...

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GBPAUD Remains Above Support: Bullish Outlook for November 25, 2024

Despite recent negative pressures, the GBPAUD pair has consistently held above the key support level of 1.9225, reinforcing the previously suggested bullish trend. For the...

EUR/USD Price Forecast – November 22, 2024

The EUR/USD pair tested the minor resistance level at $1.0496 but rebounded downward, maintaining the bearish trend outlook for today. The next primary target...

GBPUSD Price Forecast: Bearish Trend Continues Below Key Resistance

The GBPUSD pair is showing a slight bearish bias, as it attempts to resume the expected downward trend on an intraday basis. The negative...

GBPAUD Forecast Update – 20th November 2024

Despite the GBPAUD pair's need for positive momentum recently, its repeated stability above the bullish channel support at 1.9225 keeps the bullish track intact....

GBPCAD Activates Bearish Correctional Trend – Forecast for November 11, 2024

Despite trading within a bullish channel, the GBPCAD currency pair has faced consistent pressure below the 1.8110 barrier, signaling a shift towards a correctional...

NZD/USD Price Forecast Update – November 8, 2024

The NZD/USD exchange rate is testing the key support level at $0.6000, showing signs of downward pressure. A potential breakdown below this level could...

Rupee Slips to Record Low, Pressured by Slide in Local Equities

MUMBAI, Nov. 4 — The Indian rupee fell to an all-time low on Monday, reaching 84.11 against the U.S. dollar, surpassing its previous record...

EURNZD Price Update: Bullish Breakthrough and Forecast for November 1, 2024

The EURNZD currency pair has successfully resumed its bullish momentum, breaking through the resistance level at 1.8150. This move confirms a shift towards a...

CHFJPY Price Analysis and Forecast – October 31, 2024

The CHFJPY currency pair has consistently closed below the 177.25 level, increasing the likelihood of triggering the previously suggested corrective bearish trend. The stochastic...

EURJPY Breaks Through Resistance – Forecast for October 28, 2024

The EURJPY currency pair has successfully overcome negative pressures, creating a price gap that allowed it to surpass the 164.75 barrier. The pair has...

Will CHF Weaken in 2024?

As we approach 2024, currency markets are abuzz with speculation regarding the future movements of various currencies, including the Swiss Franc (CHF). Known for...

Why Is CHF a Safe-Haven Currency?

In the ever-fluctuating world of finance, certain currencies stand out as reliable refuges during times of economic uncertainty. The Swiss franc (CHF) is one...

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