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AUD/USD posts gain, yet dive below 0.6500 amid Aussie CPI, ahead of US GDP
AUD/USD retreats from a peak of 0.6529 following an unexpected surge in Australian inflation figures. The US Dollar Index edges higher, influenced by solid US economic indicators and investor caution ahead of key GDP report. Despite a strong Q1 inflation report suggesting robust Australian economic
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USD/CAD Price Analysis: Remains subdued near 1.3700 as US Dollar slips
USD/CAD struggles to hold the 1.3700 support as the US Dollar edges down. US bond yields consolidate as investors focus on US core PCE Price Index data. BoC’s rate cut prospects remain strong as Canada’s inflation softens significantly in March. The USD/CAD pair remains feeble near the round-level s
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"Analyzing Short-Term Price Dynamics: Key Levels and Potential Downside Momentum in US30"
The current market dynamics indicate a pivotal juncture for the price action, particularly concerning the US30 index. With its recent approach towards retesting the 4-hour short-term broken support at 38558.1, the price demonstrates a critical moment. A rejection of this level could signal a
- FOLLOWME Support :Weibo has obtained the basic prize in the Opinion Leader Program: 30 FOCIN that can withdraw. Click to know more details about //socia...
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Facing the Consecutive Loss Challenge: A Trader's Guide
Image by freepik Trading forex is a challenging activity. As a trader, you will encounter various challenging situations. Forex trading presents a range of challenges, with some periods being easier to navigate than others. One of the most difficult situations to face is when you experience a series
- FOLLOWME Support :Weibo has obtained the basic prize in the Opinion Leader Program: 50 FOCIN that can withdraw. Click to know more details about //socia...
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JRFX Exclusive: Get up to $5,535 Bonus Now!
Recently, affected by multiple factors such as macroeconomic fluctuations, rising inflation, interest rate cuts by the Federal Reserve, and escalating geopolitical conflicts, financial markets have experienced greater fluctuations. Both the foreign exchange market and the precious metals market are
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Gold outlook: An eye for an eye
Gold’s price formed a new all-time high figure at $2431 per troy ounce since our last report. Today we are to discuss the fundamental challenges laid ahead for the precious metal, while we will be concluding this report with a technical analysis of gold’s daily chart. Iran-Israel the new Middle East
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