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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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USDJPY Holds Ground Below Resistance
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The USDJPY currency pair embarked on an endeavor to breach the 146.55 threshold in the preceding session; however, this pursuit was met with a...
USDCAD Breaks Free from Channel Restraints
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The USDCAD currency pair concluded the previous trading session on a note of conspicuous negativity, culminating in the breach of the support line of...
AUDUSD Awaits Augmented Bullish Impetus
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The AUDUSD currency pair recorded positive movement in yesterday's trading, edging closer to the 0.6500 threshold. Anticipation rests upon the accumulation of positive momentum,...
NZDUSD Surpasses Resistance Barrier
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The NZDUSD currency pair has achieved a noteworthy milestone by successfully breaching the resistance of the bearish channel. This breakthrough, complemented by its ability...
USDCHF Encounters Downward Pressure
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The USDCHF currency pair underwent a pronounced decline in recent trading, precipitated by its breach of the 0.8825 level. This led to a direct...
GBPJPY Gears Up for Potential Rally
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The GBPJPY currency pair has consistently sealed its position within the confines of a minor bullish channel, a pattern complemented by its recent resilience...
EURJPY Experiences Fluctuations Below Crucial Barrier
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The EURJPY currency pair encountered impediments in resuming its bullish offensive, a consequence attributed to the steadfastness of the 159.20 barrier. This barrier's influence...
GBPSEK Yield to Resolute Resistance Line
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The GBPSEK currency pair yielded to the tenacious embrace of a major resistance at 14.0045, bringing an end to its corrective bullish rebound. Subsequently,...
AUDUSD Reinitiates Ascension
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The AUDUSD pair rekindles its upward trajectory, following a period of oscillation proximate to the 0.6400 level during the preceding sessions. This renewed positive...
NZDUSD Challenges Channel’s Upper Bound
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The NZDUSD pair is currently engaged in a favorable trajectory, ushering itself away from the 0.5900 level. This movement is underscored by its proactive...
USDCHF Exerts Pressure on Support Level
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The USDCHF pair has entered a negative trajectory, exerting notable pressure on the pivotal support level at 0.8825. This persistent movement signifies a potential...
GBPJPY Exhibits Positive Sentiment
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The GBPJPY pair has managed to navigate the landscape of stochastic negativity, a feat accomplished by its consolidation within the confines of a minor...