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GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady above its support line at 1.1290. The...
GBPCAD Remains Bullish – Forecast for February 20, 2025
The GBPCAD currency pair has maintained a strong bullish trend, with recent positive closings consistently above the key support level at 1.7815. As a...
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...
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USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to...
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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...
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How Long Should I Hold a Forex Trade?
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets...
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EURJPY Achieves Initial Bullish Target
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The EURJPY pair initiated a fresh bullish wave in the recent trading session, departing from the support level at 157.00. It successfully reached the...
GBP/JPY Displays Recent Volatility
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In recent trading sessions, the GBP/JPY pair has exhibited a degree of instability, largely attributed to the ongoing contradiction observed among major technical indicators....
EUR/JPY Signals Potential for Upside Momentum
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The EUR/JPY pair appears to be indicating a potential shift towards renewed bullish attempts. This positive sentiment has been spurred by a recent close...
GBP/SEK Remains in a Bearish Trend
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The GBP/SEK pair has experienced repeated negative closings, emphasizing its commitment to the bearish bias previously suggested. Notably, the pair has fallen below the...
Midday Update for EUR/USD: Euro Remains Under Bearish Pressure
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The EUR/USD pair is currently experiencing slight bearish pressure, indicating its commitment to the ongoing decline on an intraday basis. This scenario is consistent...
Midday Update for GBP/USD: Cable Treads Water Amidst Mixed Sentiment
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The GBP/USD pair is currently experiencing a tug of war, with mixed sentiment causing it to hover around the 1.2160 level. This hesitancy is...
NZD/USD Finds Strong Support and Seeks Upside
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The NZD/USD currency pair has successfully achieved our initial anticipated target at 0.5900, where it encountered substantial support. Following this support, the pair has...
USD/CHF Resumes Its Decline, Targets Lower Levels
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The USD/CHF currency pair struggled to maintain its position above 0.9066 for an extended period and has consequently resumed its corrective bearish trajectory. This...
GBP/JPY Pauses Recent Positivity
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The GBP/JPY currency pair has witnessed a recent loss of positive momentum as the stochastic indicator sharply dipped below the 50 level. This shift...
EUR/JPY Maintains Pressure on Support
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The EUR/JPY currency pair continued to experience downward pressure during the previous Friday's trading session, reiterating its challenge of the additional support level at...
EUR/CHF Decline Resumes as Pair Touches 0.9455
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The EUR/CHF currency pair has encountered renewed downward pressure, leading to a break below the critical support level at 0.9530 and initiating a fresh...
NZDUSD Experiences Significant Losses and May Extend Decline
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The NZDUSD currency pair faced strong bearish sentiment in yesterday's trading session, particularly after breaching the 0.6020 support level. This drop led the pair...