Technical Analysis
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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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Technicals – DAX40
The European session is proceeding in a calm mood, with a predominance of moderate optimism. Most indices remain around the…
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Chart of The Day – GBP/USD
The British pound is today the weakest G10 currency, after a significantly weaker-than-expected inflation report opened the door wide for…
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Oil Rallies 2% on Supply Uncertainty
Trump’s Venezuela blockade and Russian sanction threats jolt markets The Venezuelan gambit: Naval blockade or political posturing? Oil prices found…
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Commodity Talk – Oil, NATGAS, Cocoa and Soybean
Oil Crude oil remains under pressure due to expectations of a significant supply surplus in 2026. This surplus is forecast…
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Trade of The Day – DAX40
Facts: The index registered 3 declining sessions after surpassing the FIBO 23.6 level of the last upward wave. The index…
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Chart of The Day – Bitcoin
Over the past week, Bitcoin has lost more than 7% and has once again approached the lower selloff zone seen…
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Euro Wanes as German Manufacturing Plunges Amid Mixed Eurozone PMI Readings
The Euro is trading lower following the release of the final preliminary Purchasing Managers’ Index (PMI) data for December, which…
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