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/NZD, GBP/USD & NZD/USD
The Overbalance analysis aims to identify three financial instruments, analysed mainly on a four-hour interval (H4). The analysis uses only…
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USD/INR declines as Indian Rupee gains on US-India deal, RBI policy eyed
The Indian Rupee continues to trade firmly against the US Dollar on the US-India trade truce euphoria. Investors expect the…
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Pound Sterling underperforms ahead of BoE interest rate decision
The Pound Sterling falls against its major currency peers ahead of the BoE’s monetary policy announcement. Investors expect the BoE…
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Japanese Yen continues to lose ground against USD as USD/JPY climbs above 157.00
Japanese Yen remains on the back foot amid concerns about Japan’s fiscal situation. Political uncertainty ahead of the national snap…
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Trade of The Day – GBP/CHF
Facts: The price bounced off the upper limit of 1:1 structure Short term trend from mid-January remains downward Recommendation: Trade: Short…
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Currency Talk – GBP/USD, NZD/USD and CAD/JPY
The Overbalance analysis aims to identify three financial instruments, analysed exclusively on a four-hour interval (H4). The analysis uses only…
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USD/INR opens cautiously as FIIs turn bet buyers on US-India trade deal euphoria
The Indian Rupee opens firmly against the US Dollar, continuing strength from US-India trade deal confirmation. FIIs turned out to…
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Australian Dollar moves little as US Dollar weakens ahead of ISM Services PMI
Australian Dollar holds ground as China’s Services PMI rises in January. The AUD gained as markets priced an 80% chance…
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Japanese Yen weakens further vs. USD as fiscal and political concerns counter hawkish BoJ
Japanese Yen remains depressed, as fiscal concerns and political uncertainty offset the upbeat data. Intervention fears and the BoJ’s hawkish…
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EUR/USD gains ground above 1.1800 ahead of Eurozone HICP release
EUR/USD gathers strength to around 1.1830 in Wednesday’s early European session. Resolution of partial government shutdown and shifting expectations for…
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