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EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing consistently above the crucial support level of...
EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
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 maintain its upward momentum. If the price...
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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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Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays...
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What is chf in forex: The Swiss Franc
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In the fast-paced world of forex trading, understanding currency symbols and their significance is fundamental to success. One of the most widely traded currencies...
EUR/USD Shows Signs of Recovery Following Support at 1.0700
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The EUR/USD currency pair has found strong support at the 1.0700 level and is currently displaying slight bullish momentum. This positive movement is influenced...
GBP/USD Tests Key Resistance Level, Awaits Bearish Momentum
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The GBP/USD currency pair is currently testing a crucial resistance level at 1.2505, and it has maintained its position below this level so far....
USD/JPY Tests Key Support Level and Bounces Bullishly
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The USD/JPY currency pair recently tested a critical support level at 146.55 and experienced a bullish rebound, subsequently settling back above the 147.00 barrier....
NZD/USD Tests Key Resistance Level
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The NZD/USD currency pair has opened with slight gains today, reaching the critical resistance level at 0.5900. However, the pair is also showing negative...
USD/CHF Awaits Fresh Positive Momentum
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The USD/CHF currency pair has displayed a mild bearish bias at today's open, possibly heading towards a potential test of the critical support level...
GBP/JPY Resists Stochastic Negativity, Maintains Bullish Scenario
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The GBP/JPY currency pair encountered new downward pressures in the previous session as the Stochastic oscillator dipped below the 50 level. This movement led...
EUR/JPY Tests Initial Support, Aims for Upside
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The EUR/JPY currency pair recently experienced a temporary downturn, testing the initial support level at 157.00. However, it subsequently resumed positive momentum, rallying towards...
CAD/CHF Holds Steady Above Support, Signals Potential Bullish Movement
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The CAD/CHF currency pair has managed to shake off recent downward pressures and is currently holding steady above the additional support level at approximately...
GBPUSD Achieves Target Amidst Bearish Momentum
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The GBPUSD currency pair has successfully reached the previously anticipated target level at 1.2505. Today, it has commenced trading with an additional bearish bias,...
EUR/USD Awaits Fresh Downside Catalyst
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The EUR/USD currency pair has resumed its downward trajectory, reaching the initial target at 1.0700. Presently, the pair exhibits sideways movement as the new...
USD/JPY Awaits Further Upside
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The USD/JPY currency pair encountered brief downward pressure in the previous trading session, testing the support at the 147.00 level. However, it has since...