Technical Analysis
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Chart of The Day – JP225
The Japanese Nikkei index (JP225) rose 0.95% on Friday, which is the opposite of what might seem like the natural…
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Gold drifts lower as profit-taking offsets Fed rate cut hopes
Gold price loses traction in Friday’s early European session. Cooling US CPI inflation data could pave the way for more…
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USD/INR remains on backfoot on RBI’s tentative boost to Indian Rupee
The Indian Rupee gains against the US Dollar as the US CPI growth remains moderate in November. FIIs turned out…
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USD/CAD Price Forecast: Remains broadly sideways below 1.3800
USD/CAD ticks up to near 1.3790 as the US Dollar trades higher. The US inflation grew at a moderate pace…
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Trade of The Day – OIL.WTI
Facts: Oil has already fallen more than 22% YTD and 30% from the 2025 peak. The International Energy Agency (IEA)…
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Chart of The Day – NZD/USD
New Zealand’s economy recorded a stronger-than-expected rebound in Q3, with production-based GDP rising 1.1% q/q and expenditure-based GDP increasing 1.3%…
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Australian Dollar dips as US Dollar strengthens on rate outlook
The Australian Dollar extends losses despite growing odds of an RBA rate hike as early as February. Australia’s Consumer Inflation…
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EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD may approach the two-month high of 1.1804. The 14-day Relative Strength Index stands at 67.47, indicating strong upside momentum.…
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AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA
AUD/JPY drifts lower to near 102.70 in Thursday’s early European session. The cross keeps the bullish vibe above the key…
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Japanese Yen remains confined in a range as traders await BoJ rate decision on Friday
The Japanese Yen consolidates in a range as traders seem reluctant ahead of the BoJ meeting. Bets for an imminent…
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