FX Analysis
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.7090 Short - term trend remains downward from the mid-May...
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Indian Rupee trades firmly amid signs of renewed FIIs’ interest towards Indian stock market
The Indian Rupee trades firmly against the US Dollar due to multiple tailwinds. Lower oil prices and signs of improvement...
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Trade of The Day – EUR/GBP
Facts: The price is near the lower boundary of a consolidation range between 0.886 and 0.861. Upward corrections within the...
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AUD/JPY – Strengthens above 113.00, positive tone remains intact
AUD/JPY gathers strength to near 113.35 in Monday’s early European session. RBA is anticipated to leave the interest rate unchanged,...
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Indian Rupee surges as oil prices nosedive on US-Iran MoU finalization
The Indian Rupee soars against the US Dollar on the finalization of the US-Iran deal. Plunging oil prices due to...
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GBP/USD Price Forecast: US-Iran reaches deal supports advance beyond 20-day EMA
GBP/USD jumps to near 1.3460 as the market sentiment turns favorable for riskier assets. The finalization of an MoU between...
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Trade of The Day: USD/NOK
The USDNOK exchange rate ended yesterday's session above the 100-day exponential moving average (EMA100; purple). Brent crude oil futures (OIL)...
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UK GDP Contracted and the Pound is Up?
pril 2026 as a result of the escalating conflict in the Middle East. According to the latest data from the...
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Germany’s final Harmonized Index of Consumer Prices for May remains at 2.7% YoY: What it means for EUR/USD?
Germany’s final Harmonized Index of Consumer Prices (HICP) data for May has arrived at 2.7% Year-on-Year (YoY), as the preliminary...
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AUD/USD Price Forecast: Needs decisive break above 50% Fibo retracement at 0.7050 for more upside
AUD/USD falls to near 0.7035 as the US Dollar bounces back. Traders doubt over US President Trump stating that the...
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