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NZDCAD Outlook: Bearish Trend Remains in Place – Forecast for February 18, 2025
The NZDCAD currency pair has recently experienced a short-term bullish correction, bouncing off the 50% Fibonacci retracement level at 0.8035. This rebound coincided with...
EURJPY Faces Further Losses – Forecast for February 10, 2025
The EURJPY pair continues its downward movement, recently dipping below 157.25 and surpassing the previous support level at 156.20. This morning, the pair reached...
What Is the Currency in Luxembourg?
Luxembourg, a small but prosperous country nestled between Belgium, France, and Germany, is known for its high standard of living, robust financial sector, and...
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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...
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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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CADCHF Remains Bearish – Market Outlook for December 27, 2024
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The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations around the 0.6250 mark. This brief uptick...
AUDUSD Price Breaks Support, Negative Trend Expected to Continue – Forecast for Today – 24 December 2024
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The AUDUSD price opened lower today, breaking the support line of a bearish flag pattern and attempting to stay below it. This move activates...
GBPJPY Remains Bullish – Forecast for December 23, 2024
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The GBPJPY currency pair has confirmed its continued bullish momentum, closing above the 195.85 level, which now serves as a support zone for further...
EURJPY Poised for Further Upside – Forecast for December 23, 2024
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The EURJPY currency pair has shown limited movement since Friday, with price action largely fluctuating sideways around the 163.40 level. Despite this consolidation, it...
EUR/USD Price Forecast Update – December 20, 2024
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The EUR/USD currency pair is showing new positive momentum, approaching the 1.0400 level once again. This development warrants caution in the upcoming trades. If...
EUR/USD Price Forecast Update – December 19, 2024
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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...
EURJPY Hits Correctional Target – Forecast for Today (18-12-2024)
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The EURJPY pair has experienced a clear negative move after touching the 162.40 resistance level, successfully surpassing the first correctional target at 161.10. The...
CHFJPY Continues to Test Key Resistance Level – Forecast for December 17, 2024
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The CHFJPY currency pair has maintained its upward momentum, benefiting from positive signals from the stochastic oscillator. The pair is now pressing against the...
EUR/USD Forecast – December 16, 2024
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The EUR/USD pair is currently displaying a slight bearish bias, with stochastic indicators in the overbought zone. This may prompt further price declines throughout...
GBP/USD Forecast Update – December 13, 2024
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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
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The EURJPY currency pair resumed its upward momentum yesterday after testing the extended support line at 158.80, triggering a strong bullish rally that led...
CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024
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The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and rising to 0.6236. This move suggests the...