Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
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Currency Talk – EUR/CAD, EUR/USD, NZD/USD
The Overbalance analysis aims to identify three financial instruments, analysed mainly on a daily/four-hourly interval (D1/H4). The analysis uses only…
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USD/CHF holds gains above 0.7800 as US Dollar gains on risk aversion
USD/CHF appreciates as safe-haven demand increases due to the Middle East war. ISM Manufacturing PMI eased to 52.4 in February…
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EUR/GBP holds gains above 0.8700 ahead of Eurozone HICP inflation data
EUR/GBP gains ground near 0.8725 in Tuesday’s early European session. A significant by-election defeat for the Labour government weighs on…
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USD/CAD Price Forecast: Sticks to 20-day EMA despite war in Middle East
USD/CAD wobbles around 1.3670 as upbeat CAD due to rising oil prices has neutralized the positive impact of a firm…
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USD/JPY Price Forecast: Holds onto gains near monthly high above 157.00
USD/JPY trades broadly firm above 157.00 amid the US-Israel war with Iran. Higher oil prices have pushed the JPY on…
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GBP/USD Price Forecast: Hovers around 1.3400 with bearish pressure intact
GBP/USD may find primary support near the 1.3350 reversal zone. The 14-day Relative Strength Index at 39 signals sustained bearish…
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EUR/USD seems fragile below 1.1700 as Middle East war boosts energy prices
EUR/USD struggles to regain ground amid surging oil prices due to the war between the US, Israel, and Iran. Tehran…
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AUD/USD Eyes fresh upside move above 0.7150 on hawkish RBA bets
AUD/USD jumps to near 0.7110 as the AUD outperforms amid hawkish RBA expectations. RBA’s Bullock stated that the central bank…
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GBP/JPY slides back below 211.00 mark amid geopolitical tensions, BoE-BoJ divergence
GBP/JPY attracts some sellers on Tuesday and is pressured by a combination of factors. The UK political uncertainty and BoE…
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US Dollar Index steadies near 98.50 amid safe haven demand
US Dollar Index appreciated as safe-haven demand increased due to the Middle East war. President Trump says the “big wave”…
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