Technical Analysis
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Chart of The Day – AUD/USD
October data from the Australian labour market turned out to be much stronger than expected, with the unemployment rate falling…
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Gold stands firm near three-week top, above $4,200 amid Fed rate cut bets
Gold attracts follow-through buyers on Thursday amid a supportive fundamental backdrop. Economic concerns and Fed rate cut bets undermine the…
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Australian Dollar rises as strong jobs data boost RBA caution
Australian Dollar gains on improved labor market data released on Thursday. Australia’s unemployment rate declined to 4.3% in October from…
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Oil Down Over 1%
OPEC report does not support oil prices Oil continues its downward trend, driven by relentless pressure on prices due to…
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Trade of The Day – USD/NOK
Facts: The USDNOK exchange rate has fallen below its 10-, 30-, and 100-day exponential moving averages (EMA; yellow, light purple,…
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USD/JPY Highest Since February 2025
The USD/JPY pair reached its highest levels since February 2025 today, approaching the psychological threshold of 155, driven by the…
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Bullish DAX 30 While Bayern Shares Gain After Earnings Report
Today’s European trading session is being led by buyers, with Germany’s cash DAX up nearly 1%. Futures are gaining over 0.6% above…
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Chart of The Day – US30
The US30 continues its upward momentum after closing yesterday’s session at a record high of around 48,000 (+1.3%), driven by…
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Crédit Agricole issued a recommendation for the NZDUSD currency pair.
The Bank recommends taking a long position on the pair with following levels: Entry: 0.5642 Target: 0.5788 Stop: 0.5525 Crédit…
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JP Morgan issued a recommendation for the EURCHF currency pair.
The Bank recommends taking a long position on the pair with following levels: Entry: 0.9270 Target: 0.9400 Stop: 0.9199 JP…
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