Forex Analysis

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AUD/USD and NZD/USD Gain Bullish Momentum

AUD/USD is gaining pace above the 0.7050 resistance. NZD/USD is also eyeing a key upside break above the 0.6460 resistance. Important Takeaways for AUD/USD and NZD/USD· The Aussie Dollar started a fresh increase above the 0.7000 resistance zone against the US Dollar. · There

EUR/USD Aims Upside Break While USD/CHF Signals More Downsides

EUR/USD is struggling to clear the 1.0250 resistance zone. USD/CHF is declining and remains at a risk of a more losses below the 0.9520 level. Important Takeaways for EUR/USD and USD/CHF· The Euro is facing a strong resistance near the 1.0250 zone against

GBP/USD Faces Resistance While USD/CAD Is Surging

GBP/USD could gain pace if it clears the 1.2100 resistance zone. USD/CAD is surging and could continue to rise above the 1.3000 resistance zone. Important Takeaways for GBP/USD and USD/CAD· The British Pound is attempting an upside break above the 1.2100 resistance zone.

Gold Price Rallies While Crude Oil Price Takes Hit

Gold price started a fresh increase above the $1,750 resistance zone. Crude oil price is sliding and remains at a risk of more losses below $90. Important Takeaways for Gold and Oil· Gold price gained pace after it cleared the $1,750 resistance against the US Dollar. · Recently, there

Turkish Lira crisis hits corporate borrowers

The ongoing crisis that has been affecting the Turkish Lira for several months is showing no sign of giving way, and the country's astonishing inflation rate of over 70% is testimony to the dire situation that the nation's economy is facing. Turkey is an industrial and commercial powerhouse in the

EUR/USD and USD/JPY At Risk of Additional Losses

EUR/USD started another decline from the 1.0300 resistance. USD/JPY is declining and might continue to move down below 137.00. Important Takeaways for EUR/USD and USD/JPY· The Euro started a fresh decline and even traded below the 1.0200 support. · There was a break below

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