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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...
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 in the world, where currencies are traded...
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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 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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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...
GBPUSD Maintains Sideways Movement
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The GBPUSD pair remains ensnared in a sideways trading pattern, its trajectory influenced by the proximity to the EMA50. This occurrence is complemented by...
AUDUSD’s Breakout Attempts Continue
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The AUDUSD pair remains ensnared in a range near the 0.6400 level, encountering challenges in securing a definitive breach. Notably, the stochastic indicator is...
GBPJPY Remains in Fluctuation Below Resistance
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The GBPJPY pair continues its pattern of fluctuation below the additional resistance level at 186.35, displaying a reluctance to initiate bullish movements. This behavior...
PBOC Implements Modest Reduction in One-Year Loan Rate
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The People's Bank of China (PBOC) has announced a slight reduction in its one-year loan prime rate by 10 basis points, bringing it down...
GBPCAD Capitalizes on Favorable Elements
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The GBPCAD currency pair adeptly leveraged advantageous factors, notably propelled by the positive momentum elicited from major indicators and its steadfast consolidation within a...
USDCHF Navigates Support Assessment
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The USDCHF currency pair is presently immersed in a phase of evaluating the pivotal support juncture at 0.8775. Notably, the presence of the 50-day...
GBPUSD Enveloped by Dominant Bearish Channel
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The GBPUSD currency pair has embarked on a renewed descent, relinquishing the gains it briefly garnered during preceding trading sessions. This resumption of negative...
EURJPY Anticipates Uptick in Positive Momentum
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The EURJPY currency pair is poised in an anticipatory stance, eagerly awaiting a surge in positive momentum. Persistent within the vicinity of the 159.00...
EURGBP Records Continued Decline
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The EURGBP currency pair persists in its downward trajectory, exhibiting sustained depreciation. It has orchestrated a fresh bearish movement, effectively distancing itself from the...
GBPJPY Logs Consecutive Positive Conclusions
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The GBPJPY pair replicated its series of positive closures, thereby maintaining its equilibrium within the confines of a minor bullish channel. This persistence is...
EURJPY Stagnates Amidst Absence of Catalysts
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The EURJPY pair observed a day of inert movement yesterday, largely attributed to the absence of positive momentum. This has led to a lateral...