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After breaking through the descending wedge, the AUD/USD exchange rate hit a nearly five-year low, and an oversold signal followed.
During the European session on Wednesday, the AUD/USD exchange rate ended a three-day decline and is currently consolidating around 0.6000, supported by US President...
ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...
EURCHF Faces Strong Resistance: Bearish Trend Expected – Forecast for March 13, 2025
The EURCHF pair recently concluded a bullish rally, reaching the 61.8% Fibonacci retracement level at 0.9650, where it encountered significant resistance. This resistance has...
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NZDCAD Tests Resistance: Bearish Outlook Continues – Forecast for March 11, 2025
The NZDCAD currency pair has recently experienced a bullish correction, prompted by positive stochastic indicators. This upward...
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GBP/CHF Approaches Key Resistance Level – March 6, 2025 Forecast
The GBP/CHF currency pair witnessed a strong bullish rally on Wednesday, capitalizing on sustained consolidation within a...
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GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within...
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What is Currency Speculation?
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Fry foreign exchange to call foreign exchange security deposit trades again, sign an agreement with the bank, open trust investment account, deposit brushbrush capital...
Symmetrical triangles appear in the market of investment skills
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In actual trends, triangular arrangements tend to appear in different time periods, and most of the time they are in the form of relays. Therefore,...
Fed continues to build momentum for aggressive rate hikes in July
On Thursday (July 7), the US dollar opened at 107.06 and closed at 107.07 yesterday. As of now, the highest has hit 107.13 and...
British political turmoil continues, sterling fell against the dollar
Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...
Investors bet euro to parity against dollar
On Thursday (July 7), the EURUSD opened at 1.0180 and closed at 1.0183 yesterday. As of now, the highest has touched 1.0189 and the...
The British pound has fallen 12% against the dollar in the face of internal and external troubles
Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...
Some basic concepts you need to understand when buying and selling Forex
Definition of forex foreign exchange refers to the simultaneous purchase of a certain currency and the sale of another currency in the over-the-counter market. Currency refers...
Foreign exchange swap trading and foreign exchange futures trading
foreign exchange swap transaction refers to that in foreign exchange transactions , a transaction includes both spot foreign exchange transactions and forward foreign exchange...
Risk aversion exists in the market spot gold short-term stop falling
On Tuesday (July 5th), the spot gold fluctuated and retraced in the intraday market, and the gold price temporarily remained fluctuating around...
Yen cautiously sees further upside
Today on Tuesday (July 5th), the dollar and yen opened at 135.66 and closed at 135.69 yesterday. So far, the highest has hit 136.36...
EURUSD near five-year low amid recession fears
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...
Positive for euro, ECB hikes interest rates by 25 basis points in July
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...