Tag: Resistance levels

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NZD/JPY Price Analysis: Bearish Momentum Persists

The NZD/JPY pair continues to show a bearish trend, breaking through important support levels with consistent negative movements. The possibility of a turnaround depends...
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USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity

USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
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NZD/USD Price Analysis: Bears Pause with Clear Dominance

In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a...
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EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders

The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from...
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USDJPY Technical Analysis: Key Breakout Boosts Bearish Momentum

The USDJPY pair continues to show bearish momentum as the USD remains weak due to resilient US growth and falling inflation. Despite concerns about...
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AUDUSD Forecast: Pair Rebounds from Key Support | Forexlive

The US Dollar continues to face pressure as recent data shows strong growth alongside decreasing inflation. A positive US Retail Sales report indicates that...
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AUDUSD Price Action: Target Level Hit, Sellers Step In – Forex Analysis

The AUDUSD has been fluctuating throughout the day following an upward trend from last week. Today's upward movement reached a new high dating back...
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USDCHF Technical Analysis: Approaching Key Resistance Level

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...
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EUR/USD Forecast: Clearing 1.0760 Barrier Essential for Stronger Correction

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...
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NZD/USD Price Analysis: Bearish Outlook as Bulls Face Resistance

The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with...

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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...