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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...
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 of January 31, according to a statement...
Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays a crucial role in the cost of...
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What is the Standard Spread in Forex?
Forex trading is one of the most dynamic and liquid financial markets in the world. As of...
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What Time Is the Lowest Spread in Forex?
The forex market operates 24 hours a day, five days a week, offering a vast array of...
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How Do I Win If I Bet the Spread?
Betting the spread, also known as point spread betting, is one of the most popular forms of...
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USDCAD Seeks Path Within Bullish Channel
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The USDCAD currency pair persists in its endeavor to reenter the boundaries of the bullish channel, as prominently illustrated on the price chart. To...
AUDUSD Confronts EMA50 Resistance
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The AUDUSD currency pair is currently encountering a formidable barrier presented by the EMA50, which stands resolutely around the 0.6455 level. The awaited catalyst...
NZDUSD Tests the Boundary of the Bearish Channel
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The NZDUSD currency pair has successfully reached the upper boundary of the bearish channel that is prominently depicted on the chart. It is recommended...
USDCHF Continues its Upward Movement
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The USDCHF forex pair has successfully solidified its position above the 0.8775 level, ushering in a bullish resurgence that propels it toward the resumption...
GBPJPY Sets the Stage for Corrective Downturn
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The GBPJPY forex pair has solidified its alignment with a correctional bearish bias through the attainment of fresh negative closures beneath the resistance level...
EURJPY Maintains Position near Supplementary Support
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The EURJPY currency pair has retraced to a state of proximity around the supplementary support level of 158.00, influenced by the stochastic indicator's gradual...
EURCHF Maintains Position above Additional Support
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The EURCHF currency pair found respite from its downward momentum, buoyed by the robustness of the supplementary support level at 0.9540. This stabilization led...
EURJPY Makes New Positive Attempts
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The EURJPY currency pair embarked on a fresh series of bullish movements recently, signaling its renewed push for higher ground. Notably, the pair displayed...
GBPJPY Continues to Challenge Resistance
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The GBPJPY pair initiated a fresh bullish wave in the preceding session, renewing pressure on the additional resistance level of 186.75. However, the pair...
USDCAD Makes Efforts to Re-enter Channel
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The USDCAD pair is currently experiencing fluctuations in the vicinity of the previously breached support level of the bullish channel, as it endeavors to...
EURUSD Registers Intraday Advances
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The EURUSD pair concluded the previous day's trading session above the 1.0880 level and has commenced the current session with an added inclination towards...
GBPUSD Recovers Ground, Aiming Higher
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The GBPUSD pair has found support near the 1.2725 level and is showing signs of recovery, with an upward trajectory from this point. The...