Technical Analysis
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EUR/USD extends losses but 100-200 SMA crossover offers support
EUR/USD was seen trading around the 1.0820 area after the European session, falling for a third consecutive day. Despite shedding…
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XAU/USD price dips on Friday but is set for weekly gains amid strong US Dollar
Gold retreats for second day as traders lock in gains and US Dollar firms. Fed officials adopt cautious tone, indicating…
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XAG/USD crashes toward $33.00, suffers worst daily loss since February
Silver plunges 1.6% as US Dollar and yields surge late Friday. XAG/USD hits weekly low of $32.66, pressured by a…
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Mexican Peso struggles as markets react to weak data, trade anxiety
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending…
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AUD/JPY dips slightly as 20-day SMA offers support
AUD/JPY was seen trading around the 93.70 zone, recording its third consecutive day of mild losses. Despite the negative streak,…
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NZD/USD slips as moving average cluster offers key support
NZD/USD was seen around the 0.5730 zone, posting modest daily losses ahead of the Asian session. The pair is testing…
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Boeing Surges 5% After Winning Nex-Gen U.S Jet Fighter Program
Boeing (BA.US) shares surged more than 5% after the company won a strategic Pentagon contract for a new U.S. fighter jet, valued…
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Gold Dips 1.3% On Profit Taking?
🪙The Triple Witching Day increases market volatility and drives profit-taking in precious metals Gold and other precious metals are losing…
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Trade of The Day – EUR/USD
Facts: MACD trends lower after bearish crossover with bearish divergence occurring on RSI Potential double top formation has occurred which…
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Douglas Shares Plummet While Adidas Declines And Nike Shows Weaker Outlook
European stock markets are skewed to the downside today with most of the major indices in the red Airbus Upgraded to Hold…
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