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  • admin
  • July 2, 2024
  • Market News

Gold Price Rangebound, but Long-Term Bullish Potential Remains Strong

Gold (XAU/USD) is currently trading within the familiar $2,320-$2,330 range, just below the 50-day Simple Moving Average (SMA). This consolidation phase could be an accumulation period for...
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  • admin
  • July 1, 2024
  • Market News

EUR/USD Holds Steady as Softer German Inflation Boosts ECB Rate Cut Bets

The EUR/USD pair maintained its recent gains on Monday, consolidating above 1.0700 after hitting a two-week high of 1.0770. This strength was driven by a combination of...
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  • admin
  • June 28, 2024
  • Market News

Silver Price Analysis: XAG/USD Rebounds from Support, Eyes Key Moving Averages

Silver (XAG/USD) has bounced off a critical support level at its June 13 low and is now attempting to break above the converging 50 and 100-period Simple...
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  • admin
  • June 27, 2024
  • Market News

Canadian Dollar Holds Steady Amidst Mixed US Economic Signals, Eyes Friday GDP

The Canadian Dollar (CAD) remained largely unchanged on Thursday, navigating choppy waters as mixed US economic data failed to spark significant momentum. While Canada’s economic calendar was...
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  • admin
  • June 26, 2024
  • Market News

NZD/USD Price Analysis: Kiwi Tumbles, Support Convergence Holds the Key

The NZD/USD pair experienced a sharp decline on Wednesday, plummeting towards the critical support zone formed by the converging 100 and 200-day Simple Moving Averages (SMAs) near...
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  • admin
  • June 25, 2024
  • Market News

Gold Price Consolidates as Traders Grapple with Mixed Signals

Gold (XAU/USD) prices remained range-bound in the $2,330s on Tuesday, as investors digested a mixed bag of economic news and geopolitical developments. While a recent breakout above...
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  • admin
  • June 24, 2024
  • Market News

EUR/JPY Price Analysis: Euro Continues Climb, Eyes Record Highs Despite Intervention Concerns

The EUR/JPY pair is on fire, extending its winning streak to six consecutive days and reaching a peak of 171.29 on Monday. This upward momentum has the...
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  • admin
  • June 21, 2024
  • Market News

Silver Price Forecast: XAG/USD Plunges to $30.30 as US Dollar Holds Firm Ahead of Key PMI Data

Silver (XAG/USD) prices took a sharp nosedive on Friday, hitting $30.30 as the US Dollar (USD) maintained its strength in anticipation of the upcoming US S&P Global...
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  • admin
  • June 20, 2024
  • Market News

Pound Sterling Dips as BoE Holds Rates, Hints at Future Cuts

The Pound Sterling (GBP) weakened on Thursday, trading around 1.2680 against the US Dollar (USD) following the Bank of England’s (BoE) policy meeting. While the BoE held...
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  • admin
  • June 19, 2024
  • Market News

Mexican Peso Poised for Rebound as Analysts Highlight Interest Rate Advantage

The Mexican Peso (MXN) is stabilizing after a turbulent post-election period, with several market analysts predicting a rebound due to the currency’s attractive interest rate differential and...
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