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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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NZDCAD Faces Downside Risks
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Recent market activity has witnessed the NZDCAD pair endeavoring to stage a corrective bullish rebound, propelling its trajectory towards 0.8055. However, this ascent does...
EURJPY Gains Further Momentum
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An upswing in momentum has taken hold for the EURJPY pair, as evidenced by the stochastic rally surpassing the 50 mark. This development concurs...
USDCAD Awaits Further Upside Movement
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The USDCAD currency pair remains engaged in an upward trajectory, as it endeavors to breach the crucial 1.3600 level. However, the pair's progress is...
AUDUSD Exhibits Consolidation Above Key Support Level
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The AUDUSD currency pair is currently grappling with resistance around the 0.6400 level. Initiating today's trading session with a bullish inclination, the pair is...
USDCHF Examines Support Level Amidst Bearish Sentiment
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The USDCHF currency pair is currently demonstrating a tendency towards a bearish bias, prompting a test of the critical support level at 0.8825. This...
GBPJPY Demonstrates Strength Above Supplementary Support
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The GBPJPY currency pair has demonstrated its resilience by achieving a fresh positive close above the supplemental support level at 183.50. This noteworthy development...
EURJPY Affirms Positive Outlook
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The EURJPY currency pair has reaffirmed its bullish bias as evidenced by its consistent position within the confines of the bullish channel. Notably, it...
GBPCAD Maintains Bullish Stance
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In spite of a recent corrective bearish pullback that saw it settle around 1.7125, the GBPCAD currency pair remains firmly on its upward trajectory,...
GBPUSD Pair Makes Recovery Attempts
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The GBPUSD pair has demonstrated a determined effort to recuperate from recent losses as it encountered a robust support level at 1.2625. This resurgence...
NZDUSD Pair Awaits Fresh Positive Momentum
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The NZDUSD pair is currently experiencing fluctuations around the resistance of a bearish channel, encountering challenges in breaching this level as a consequence of...
USDCHF Pair Tests Key Support Level
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The USDCHF pair has exhibited a notable downward rebound, leading to a prominent test of the pivotal support level at 0.8775. This development strongly...
GBPJPY Pair Nudges the Initial Support Level
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The GBPJPY pair has effectively concluded its recent corrective decline, encountering the additional support level at 183.50. This development corresponds with the achievement of...