Technical Analysis
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AUD maintains position as PBoC leaves rates unchanged
The Australian Dollar maintains its position after PBoC left its one- and five-year LPRs unchanged at 3.10% and 3.60%, respectively.…
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Ripple Tests Key Support After a 40% Drop in 2025 Peak
Bitcoin is consolidating in a narrow range between $82,000 and $86,000, while sentiment across the cryptocurrency market remains mostly subdued. Among the…
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EUR/USD Consolidates After Reaching 39-Month Highs
The EUR/USD pair is consolidating after climbing to levels not seen since February 2022, yet it continues to trade near…
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Cocoa Bottoms at $8k Per Tonne Mark But, Further Declines Not Ruled Out
Cocoa prices have lingered near the $8,000 per tonne mark for an extended period. The mid-crop harvest has recently commenced,…
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Trade of The Day – CHF/JPY
Facts:The pair bounced off the key technical support area at 173.25The pair is trading above the 100-period moving average from…
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Chart of The Day – NZD/USD
The New Zealand dollar traded lower against the US dollar on Friday, settling at $0.591 as higher-than-expected inflation data failed…
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USD/JPY Holds losses below 142.50, support appears at seven-month lows
USD/JPY could retest the seven-month low of 141.61, recorded on Thursday. If the 14-day Relative Strength Index falls below the…
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Netflix Shares Gain 4% on Strong Q1 2025 Earnings Report
Netflix (NFLX.US) reported first-quarter results that beat expectations on both revenue and earnings per share. The results show that despite economic…
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EUR/USD Gathers strength above 1.1350, bullish bias remains
EUR/USD gathers strength to near 1.1370 in Friday’s early European session. The constructive view of the pair prevails above the…
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Mexican Peso surges as Trump-Sheinbaum call eases trade tensions
Mexican Peso soars as USD/MXN drops 1.14% amid weaker US Dollar. Trump and Sheinbaum describe call as “very productive,” boosting…
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