Technical Analysis
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GBP strengthens against US Dollar as consumer sentiment deteriorates
The Pound Sterling rises to near 1.3150 against the US Dollar as US consumers are concerned over the economic outlook…
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Chart of The Day – USD/CNH
The escalation of the trade war between China and the U.S. has motivated the People’s Bank of China (PBOC) to…
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EUR/GBP – Recommendation From Nomura
Nomura has published a recommendation for the EURGBP currency pair. Nomura recommends taking a long position on the following conditions:…
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XAU/USD consolidates near all-time peak as bulls pause for breather
Gold price refreshes record high as escalating US-China trade war boosts safe-haven demand. US recession fears, Fed rate cut bets…
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JPY remains on the front foot against USD amid heightened safe-haven demand
The Japanese Yen continues to attract safe-haven flows amid the escalating US-China trade war. Hopes that Japan might strike a…
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AUD holds gains following China’s trade balance data
The Australian Dollar remains stronger following China’s import-export data released on Monday. China’s Trade Balance came in at $102.64B for…
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CAD gains further ground as market flows continue to reverse
The Canadian Dollar gained another 0.66% on Friday. Market flows are reversing out of the Greenback, pushing Loonie bids higher.…
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AUD/JPY Gains capped near key resistance as bearish backdrop persists
AUD/JPY trades near the 90.30 zone after modest gains on Friday Momentum remains weak as indicators lean neutral-to-bearish Resistance at…
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NZD/USD extends gains near 0.5800 zone but eyes 200-day SMA hurdle
NZD/USD trades near the 0.5800 zone after strong gains on Friday Resistance aligns with 200-day SMA near 0.5895 The NZD/USD…
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Mexican Peso ends week strong as USD plunges on China tariff retaliation
Mexican Peso gains as China retaliates with 125% tariffs, sending the US Dollar Index below 100 for the first time…
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