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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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EUR/JPY Faces Resistance, Bears May Target 155.90
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The EUR/JPY pair recently tested a major resistance level at 157.60, signaling the end of a correctional bullish rebound. The pair settled below this...
GBPJPY Resumes Recovery, Aiming to Recoup Losses
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The GBPJPY pair has signaled its intent to recover losses by recently surpassing the 181.90 level. It has aggressively approached the MA55, reaching 182.70,...
CADJPY Tests Key Barrier Amid Correctional Waves
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The CADJPY pair has recently continued its formation of correctional bullish waves, reaching the 23.6% Fibonacci correction level at 107.15, establishing a crucial barrier...
USD/CAD Shows Signs of Recovery
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The USD/CAD pair has demonstrated additional positive movements by breaking above 1.3590 and establishing itself above this level. This breach has activated a positive...
USD/JPY Resumes Decline, Targets 146.17
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The USD/JPY pair has resumed its bearish movement after a bearish rebound from the broken support of the bullish channel. The pair is heading...
USD/JPY Shows Signs of Recovery Amidst Fluctuations
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The USD/JPY pair is currently exhibiting a fluctuating pattern around the previously breached support level, now identified at 147.40. Sustaining a position below this...
USD/CHF Faces Resistance Amid Bullish Attempt
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The USD/CHF pair is currently demonstrating a prevailing bullish bias, signaling an attempt at price recovery. However, the upward movement encounters resistance from the...
USD/CHF Exhibits Negative Pattern
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The USD/CHF pair demonstrated a notable positive performance in the recent session, successfully breaching the 0.8710 level. However, a closer examination reveals that the...
USD/JPY Tests Resistance: Potential for Bearish Movement
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The USD/JPY pair exhibited evident positive movement in recent sessions, approaching the crucial resistance level at 147.20. Notably, the price is consolidating just below...
GBPJPY Postpones Anticipated Bullish Rally, Faces Bearish Pressures
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The GBPJPY pair encountered notable downward pressure on the last trading day, leading to a breach below the 186.25 level. A double bottom pattern...
EURJPY Faces Significant Losses, Enters Bearish Territory
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The EURJPY pair has succumbed to a pronounced bearish bias, recently dipping below the 61.8% Fibonacci correction level at 160.20. This decisive move confirms...
Technical Analysis: GBPJPY Capitalizes on Positive Momentum
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The GBPJPY pair has effectively shaken off the influence of corrective bearish pressures, notably encountering the MA55 at 183.23. A noteworthy development is the...