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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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EUR/CAD Pair Shows Signs of Positivity
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The EUR/CAD pair is displaying a positive trend, with a noticeable correctional bullish bias. Recent developments have seen the pair achieve new positive closes...
How Many Swiss Francs to 1: Understanding Exchange Rates
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Exchange rates play a pivotal role in the global economy, facilitating international trade, travel, and financial transactions. When individuals or businesses engage in international...
USD/CAD Tests Key Support at 1.3500
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The USD/CAD currency pair has recently displayed a bearish trend, testing the critical support level at 1.3500. Currently, the price has managed to consolidate...
AUD/USD Gathers Positive Momentum
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The AUD/USD currency pair has been exhibiting sideways movement in recent sessions, particularly around the EMA50 (Exponential Moving Average 50), which is currently providing...
NZD/USD Tests Moving Average Support
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The NZD/USD currency pair experienced a bearish rebound after coming close to the 0.6020 level. It is currently trading around the 0.5960 level. Notably,...
USD/CHF Surpasses Target and Continues to Rise
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The USD/CHF currency pair has not only met but also exceeded our anticipated target at 0.8825. Notably, it has successfully breached this level, settling...
AUDUSD Pair Completes Favorable Pattern, Eyes Further Upside
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The AUDUSD pair has once again embraced positive momentum in recent trading sessions, edging closer to our previously awaited target at 0.6545. It is...
NZDUSD Pair Approaches Anticipated Target
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The NZDUSD pair has reengaged in positive trading, successfully reaching the anticipated target of 0.6020. An interesting observation is the presence of positive signals...
USDCHF Pair Maintains Bullish Outlook
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The USDCHF pair has recently made an attempt to breach the 0.8775 level; however, it has shown resilience against the downward pressure, reinforcing the...
GBPJPY Pair Achieves Initial Target
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The GBPJPY pair has successfully achieved its initial bullish target of 185.75, providing further validation of the prevailing bullish sentiment as outlined in earlier...
EURJPY Pair Gears Up for an Upward Movement
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The EURJPY pair has embarked on a fresh phase of upward momentum, successfully surmounting the 159.20 resistance barrier. This development serves to affirm the...
AUDCAD Pair Finds Support Below Resistance Level
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The AUDCAD pair exhibited a series of corrective bullish movements, recovering ground and ascending to the 0.8820 mark. However, this ascent was capped by...