Technical Analysis
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Chart of The Day – EUR/USD
The EURUSD pair remains under pressure, trading around 1.157–1.1580 USD per euro. Today’s movements are driven by a combination of…
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Silver Price – XAG/USD holds onto recovery move around $74, outlook remains grim
Silver price bounces back strongly to near $74.00; however, its outlook remains grim. Thursday’s sell-off in the US Dollar offered…
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USD/JPY Price 20-day EMA acts as key support zone around 157.50
USD/JPY jumps to near 158.33 as the US Dollar regains ground after a sharp decline on Thursday. BoJ’s Ueda is…
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GBP/USD Price 38.2% Fibo retracement acts as key barrier near 1.3470
GBP/USD corrects to near 1.3400 from its weekly high of 1.3467 posted on Thursday. The BoE left interest rates on…
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BOE Takes a Hawkish Tilt While Oil Spikes And The Risk Sell-off Continues
The dust has settled on the BOE decision, although there was no change in rates, for the first time in…
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Nasdaq 100 Moves Lower on U.S. Macro Reports
Weekly jobless claims in the U.S. fell to 205K, compared to forecasts of 215K and 213K previously. At the same…
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Bank of Japan – Ueda’s Hawkish Signal Bolsters Yen Despite Energy Shock
The Governor of the Bank of Japan (BoJ), Kazuo Ueda, surprised markets with a hawkish tone, leaving the door…
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Trade of The Day – EUR/USD
Facts EURUSD (D1 timeframe): the pair has fallen below the 1.150 level and remains under pressure due to dollar strength.…
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Gold Seems to Be Reversing it’s Upward Trend While Oil Maintains Bullish Momentum
Gold prices continue to plummet today, falling by more than 2.5%, with prices dropping to around $4,700 per ounce—the lowest…
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EUR/USD Under Renewed Selling and Central Bank Narritives
EURUSD is currently under renewed downward pressure, approaching the 1.1450–1.1500 area. A stronger US dollar and rising geopolitical uncertainty are…
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