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NZD/USD Price Forecast Update: January 14, 2025
The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
GBPJPY Maintains Bullish Momentum – Market Outlook for 30th December 2024
The GBPJPY pair has successfully closed above the 61.8% Fibonacci retracement level at 197.30, confirming the continuation of the bullish trend. This morning, the...
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EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024
The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This...
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Gold Price Holds Losses Amid Safe-Haven Demand and Market Caution
Gold prices have continued to experience downward pressure despite a rise in safe-haven demand, as traders await...
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CADCHF Remains Bearish – Market Outlook for December 27, 2024
The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations...
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GBPAUD Remains Above Support: Bullish Outlook for November 25, 2024
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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?
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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?
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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...