It’s hard to be convinced in this market because there are so many titles everywhere. Yen and oil are two examples of this today, and it doesn’t help that risk sentiment is positive one...
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AUD/USD Forecast: Continues to Trade Between Major Moving Averages
I suspect the volume is anemic at best. Be careful with all your positions because a sudden announcement can send the market into a frenzy and cause a lot of damage that you shouldn’t...
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EUR/USD TO EXTEND ITS RALLY TO 1.0892/1.0944 – CREDIT SUISSE
EUR/USD swings on average 1.06 seconds. Credit Suisse economists expect the pair to rise to 1.0892/1.09 . CONTINUED STRENGTH IN THE FIRST QUARTER OF 2023 „We expect continued strength in the first quarter of...
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3 Minutes
TRY/USD Forecast: Stability of the Lira Against the Dollar after the Interest Rate Hike
Today’s risk recommendation of TRY/USD is 0.50%. Best buy point Pending order entry of 18.50 Place stop point to close below 18.25 support level. Move stop loss to profit zone and watch profit when...
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3 Minutes
USD/JPY Technical Analysis: New Bearish Correction
Following recent attempts by the USD/JPY pair to reach the 1 2.25 resistance level, the USD sell-off against other major currencies continued in a big way ahead of the US holiday. The share of...
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3 Minutes
NZD/USD: Bullish Trajectory Gathers as U.S Fed Clears Path
The GBP/USD exchange rate returned above the psychological resistance level of 1.20 for the first time since August in short trade on Wednesday. The U.S. dollar extended losses after data showed major U.S. manufacturing...
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2 Minutes
USD INDEX WOBBLES AROUND 106.80, LOOKS AT DATA, FEDSPEAK
The index is trading in a tight range near 106.80. USA reverses and now slides back into the red zone. CB leading index, residential data is the next note of the NA session. Greenback...
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USDBRL: BREAK BEYOND ONE OF 5.01-5.62/5.64 BANDS ESSENTIAL TO AFFIRM A TRENDING MOVE – SOCGEN
USDBRL’s rebound stopped after retesting the July high of 5.51. The analysts of Société Générale note that the pair needs to break through one of the 5.01-5.62/6 bands to confirm the trend. ORIGINAL EXPECTED...
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1 Minute
USD/CHF PRICE ANALYSIS: TESTING THE KEY 200-HOUR EMA, AS BULLS EYE THE PARITY
USD/CHF is moving sharply ahead and is waiting for a break of the 200 hour EMA, which could expose the parity. Over the past two days, USD/CHF has rallied more than 1.5 bounces from...
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AUD/USD ATTEMPTING TO BOTTOM AT 0.6390 AFTER A TWO-DAY REVERSAL FROM 0.6500
The Aussie is trying to bounce back from 0.6390 after retreating from a high of 0.6520. Cautious market sentiment weighed on the Australian dollar. AUD/USD could extend losses to 2020 low of 0.5506. AUD...
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