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ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...
EURCHF Faces Strong Resistance: Bearish Trend Expected – Forecast for March 13, 2025
The EURCHF pair recently concluded a bullish rally, reaching the 61.8% Fibonacci retracement level at 0.9650, where it encountered significant resistance. This resistance has...
GBP/CHF Approaches Key Resistance Level – March 6, 2025 Forecast
The GBP/CHF currency pair witnessed a strong bullish rally on Wednesday, capitalizing on sustained consolidation within a minor bullish channel. The pair successfully surpassed...
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GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within...
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GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady...
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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...
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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...
Midday Report on GBPUSD
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In the latest midday update, the GBPUSD pair showcases discernible positivity, effecting a breach beyond the 1.2725 level as it strides towards a potential...
USDCAD Nears Designated Target
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The USDCAD pair continues its upward ascent, edging closer to the awaited target situated at 1.3500. This movement is observed within the confines of...
CHFJPY Affirms Positive Outlook
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A distinct air of positivity envelops the CHFJPY pair, validating its predisposition for a bullish trajectory. This assertion is substantiated by its consistent positioning...