USD/CAD Forecast: Reaching New Highs at 1.2590 Despite DXY Dip
Our USDCAD forecast notes that the pair has extended its upwards movement even if the US Dollar Index (DXY) has dropped today. The pair has increased to as much as …
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USD/JPY Forecast: Up Channel Sees Downside Breakout at 110
Our USDJPY forecast sees the pair’s sell-off accelerating today and it now stands at 109.55 versus today’s high of 110.67. It has registered an approximate 0.95% drop in today’s session …
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EUR/USD Forecast: Upside Invalidated After Stabilisation Failure
Our EURUSD forecast observed the pair plunging in the past few hours and is now located in sellers’ territory again. It has invalidated a potential swing higher after failing to …
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USD/CHF Forecast: Upside Journey Seems Complete After Pivot Failure
USD/CHF has managed to increase after registering a sharp drop. Still, the current rebound could be only a temporary one as the DXY has bounced back. Forex trading market participants …
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USD/CAD Forecast: Testing Up-Channel Breakout But Fall May Follow
US Non-Farm Payroll 850k versus 725k expected on strong jobs growth% despite NFP beat Unemployment sees surprise rise to 5.9% instead of expected fall to 5.6% US Dollar Index falls …
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EUR/JPY Price Forecast: Down Channel Leading to Upside Continuation
EURJPY price forecast shows the pair is trading in the red after having erased the morning’s gains. The bearish pressure is high in the short term after the most recent …
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Gold Price Forecast: XAU/USD Benefits On Powell Dovishness, Transitory Inflation
XAU/USD has caught a bid following the testimony of US Federal Reserve Chairman Jerome Powell, where he rebalanced last week’s comments which were interpreted as hawkish, with a more dovish …
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Forex Trading Outlook: GBP/CHF Imminent Upside Breakout
GBP/CHF is trading in the green at 1.2806 level and it seems poised to take out the immediate resistance levels. The pair has moved sideways in the short term, so …
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Forex Trading Outlook: USD/JPY Resumes Its Ascending Channel Flight Path
USD/JPY increased significantly and is almost in a position to erase the previous sell-off. The outlook is bullish at this favourable juncture, so further growth is to be expected. The …
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Free Forex Signals Buy EUR/GBP – 22 June 2021
One of free forex signals for this week is EUR/GBP. We have a buy on the instrument. Here’s the background to help you get a handle on whether the signal …
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