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EURGBP Outlook: Bullish Momentum Continues – Forecast for February 13, 2025
The EURGBP currency pair has maintained its upward trajectory, continuing to generate bullish momentum after breaking above the 0.8340 resistance level. This move signals...
India’s Forex Reserves Rise for Second Consecutive Week to $630.6 Billion
India's foreign exchange reserves grew for the second straight week, reaching a total of $630.6 billion as of January 31, according to a statement...
Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays a crucial role in the cost of...
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What is the Standard Spread in Forex?
Forex trading is one of the most dynamic and liquid financial markets in the world. As of...
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What Time Is the Lowest Spread in Forex?
The forex market operates 24 hours a day, five days a week, offering a vast array of...
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How Do I Win If I Bet the Spread?
Betting the spread, also known as point spread betting, is one of the most popular forms of...
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USDCHF Price Resumes Upward Movement – Bullish Trend Forecasted for Today – 24 December 2024
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The USDCHF price has bounced upwards, reaching the 0.9014 level and is now awaiting a breach of this resistance to confirm further upward momentum....
AUDCAD Under Negative Pressure – Forecast for December 23, 2024
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The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...
NZD/CAD Price Forecast Update – December 20, 2024
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The NZD/CAD currency pair has recently experienced significant negative pressure, resulting in multiple bearish waves and a break below the 0.8145 level, which represents...
GBP/USD Forecast Update – December 20, 2024
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The GBP/USD currency pair has found solid support at the previously breached resistance of the bearish channel, which suggests the potential for a continuation...
GBP/USD Forecast Update – December 19, 2024
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The GBP/USD is showing positive movement, testing the key resistance level at $1.2615 and attempting to break through it. This creates a cautious outlook...
GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)
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The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...
EURJPY Encounters Strong Resistance – Forecast for December 17, 2024
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The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This level marks the completion of the previously...
EUR/JPY Forecast – December 16, 2024
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The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching 161.98 and approaching the resistance line of...
GBP/USD Forecast – December 16, 2024
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The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend forecast remains in place for the day,...
Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns
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Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
EUR/USD Price Forecast Update – December 13, 2024
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The EUR/USD pair remains below the $1.0475 level, showing weak price action since the morning. This confirms the continuation of the bearish trend for...
GBPJPY Reaches Second Target, Bullish Outlook Continues – Forecast for 12-12-2024
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The GBPJPY currency pair maintained its positive momentum, advancing further to hit the second target at 194.80. Following this, a temporary negative fluctuation occurred,...