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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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GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024
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The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at 190.70. This support, along with positive momentum...
EUR/CHF Remains in Bearish Territory: Forecast for December 10, 2024
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The EUR/CHF currency pair continues to exhibit bearish momentum, maintaining its position below the main downward channel's resistance level of 0.9305. This trend suggests...
GBPJPY Continues Negative Trend – Forecast for 09 December 2024
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The GBPJPY pair has confirmed its bearish bias with consecutive negative closes below the key resistance at 192.80, along with additional resistance at 192.00....
NZDUSD Price Forecast Update – 09 December 2024
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The NZDUSD pair is currently trading with noticeable upward momentum, approaching a critical resistance level at $0.5870. To maintain the expected bearish trend for...
GBP/USD Forecast Update: Bullish Outlook for Today
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The GBP/USD pair is currently exhibiting calm positive movement, showing signs of initiating the anticipated bullish wave for today. Support from the 50-period EMA...
NZD/USD Price Forecast Update – 4th December 2024
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The NZD/USD pair is exhibiting a continued bearish bias, reinforcing expectations that the downward trend will persist on the intraday chart. The next key...
EURJPY Resumes Decline – Price Forecast for December 3, 2024
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The EURJPY pair struggled to activate the correctional bullish trend yesterday, remaining below the 158.80 resistance level, which led to further losses, bringing the...
GBPJPY Faces Additional Losses – Price Forecast for December 3, 2024
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The GBPJPY pair encountered fresh negative pressure yesterday, which pushed it below the key 190.65 support level, leading to further losses and a drop...
GBPJPY Holds Above Support, Potential for Bullish Rally – Forecast for December 2, 2024
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The GBPJPY pair has managed to close positively above the support at 190.35, signaling a reduction in losses and bolstering the prospects of a...
EURCHF Price Set to Remain Bearish Below Resistance – Forecast for December 2, 2024
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The EURCHF currency pair continues to consolidate below the resistance level of 0.9338, maintaining its bearish trend. The price is currently fluctuating around the...
EURGBP Faces Negative Pressure – Forecast for November 29, 2024
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The EURGBP continues to trade within a bearish channel, with the price recently facing resistance around the key level of 0.8360. This has led...
EURJPY Pauses Decline and Shows Signs of Bullish Reversal – Market Forecast for November 28, 2024
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The EURJPY pair has maintained stability above the 23.6% Fibonacci retracement level at 195.25, reducing the downward pressure and signaling the potential start of...