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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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Critical Support Tested as USDJPY Shows Signs of Recovery
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The USDJPY currency pair has persisted in its downward trajectory, culminating in a notable test of the pivotal support level at 141.40. Observations reveal...
GBPUSD Recovery Efforts Amidst Technical Hurdles
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The GBPUSD currency pair has recently displayed signs of recuperation within the preceding trading sessions, managing to breach the significant level at 1.2725. Notably,...
EURUSD Retests Neckline, Indicating Potential Bearish Trend
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The EURUSD pair experienced a bullish rally that encountered resistance at the 1.1030 level, coinciding with the previously broken neckline of a double top...
EUR/USD Tests Initial Resistance Mark Amidst Ongoing Evaluation
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In recent developments, the EUR/USD currency pair underwent a test of the primary resistance level situated at 1.0955. While this point was probed, the...
GBP/USD Achieves Designated Milestone Before Experiencing Rebound
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In recent market activity, the GBP/USD currency pair successfully reached the targeted level at 1.2625 before staging a robust recovery. The pair's price movement...
USD/JPY Retests Neckline Level Amidst Negative Pressure
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In recent trading, the USD/JPY currency pair encountered downward pressure, leading to a retest of the crucial support level at 142.00. This mark holds...
GBP/JPY Sustains Ascending Trajectory
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The GBP/JPY currency pair has embarked on a trajectory of positive momentum, evident in the Stochastic indicator surging above the pivotal 50 level. This...
EUR/JPY Strengthens Amidst Uptrend
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The EUR/JPY currency pair sustained its lateral trajectory in the prior session, holding its position above the supplementary support level situated around 156.20. Concurrently,...
AUD/CAD Gears Up for Further Declines
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The AUD/CAD currency pair has now definitively affirmed its downward trajectory, notably achieving the previously identified downside target at 0.8730. This attainment potentially ushers...
Euro Extends Decline to Four-Week Low Amid Interest Rate Gap Concerns
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The euro witnessed a decline during European trading on Thursday, marking its fourth consecutive loss against the dollar and reaching a four-week low. This...
Swiss Consumer Prices Experience 18-Month Low
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Consumer prices in Switzerland exhibited a notable deceleration, registering a 1.6% increase in July. This marks the fifth consecutive session of reduced momentum and...
Oil steadies at 3-mth highs amid mixed China signals, strong dollar
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Oil prices fell slightly in Asian trade on Tuesday, hovering near three-month highs after a strong run of gains as markets digested mixed economic...