EUR/USD Remains Stable near 1.0950: A Consolidation Phase Begins. FUNDAMENTAL OVERVIEW On Monday, the EUR/USD experienced stability as it fluctuated within a constrained channel, hovering around the 1.0950 mark. Following
USD/JPY Technical Analysis: Weekly Chart Trading in an Up Channel The weekly chart of USD/JPY shows the pair trading within an upward channel, indicating an overall positive trend. This suggests
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GBP/USD turns neutral above 1.2650, with attention to US data. FUNDAMENTAL OVERVIEW During European trading hours, the GBP/USD currency pair is gaining ground above 1.2650. Returning to its highest point
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Before the US CPI inflation data, the EUR/USD reaches monthly highs above 1.0800. FUNDAMENTAL OVERVIEW Following an unexpected increase to -8.5 in June in Germany’s Economic Sentiment, the EUR/USD is
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NZDJPY: WEEKLY SCENARIO NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the
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As USD sees renewed demand, GBP/USD eases to 1.2350 FUNDAMENTAL OVERVIEW The GBP/USD exchange rate is trading close to 1.2350, giving up gains made during European trading hours. Despite the
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U.S. Dollar Gains Ground as Rate Hike Expectations Grow Introduction In early European trading, the U.S. dollar saw a slight decline, but it remained on track for its third consecutive
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Despite a mixed German IFO, the EUR/USD moves closer to 1.0800 FUNDAMENTAL OVERVIEW In the Wednesday European session, the EUR/USD gained momentum and moved closer to 1.0800. Even though the
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Concerns over China and Softer Australian Consumer Inflation Expectations Cause AUD/JPY to Retreat to 94.00. The AUD/JPY currency pair is currently trading near its intraday low of around 94.00, as
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GBP/USD remains cautious near 1.2400 amidst banking turbulence and positioning ahead of data. TECHNICAL ANALYSISIn terms of technical analysis, GBP/USD faces a supportive trendline that has been in place for
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