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Japanese Yen in consolidation after recent growth: Signs of recovery but insufficient support factors
The USD/JPY pair entered a consolidation phase on Tuesday, following modest growth during the earlier two trading sessions. Today, the pair’s movements are centred around the 157.50 mark. Despite these recovery attempts, the yen remains under pressure, with limited support for a sustained rebound. C
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Silver double three correction in progress [Video]
Short term Elliott Wave view in Silver (XAG/USD) suggests cycle from 10.22.2024 high is in progress as a double three Elliott Wave structure. Down from 10.22.2024 high, wave (W) ended at 29.68 and wave (X) rally ended at 32.32 Wave (Y) lower is in progress and unfolding as another double three Ellio
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GBP/USD taps new 14-month low as NFP watch begins
GBP/USD sank to its lowest bids in over a year on Thursday. Markets are coiling ahead of another NFP Friday data dump. Pound-Dollar rate differential may widen further, weakening Cable even more. GBP/USD tapped a fresh 14-month low on Thursday as the Pound Sterling rolls over further against the Gre
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iFX EXPO Dubai 2025 Set to Gather the Online Trading Industry’s Best and Brightest
iFX EXPO Dubai 2025 The No.1 Online Trading Expo in MENA iFX EXPO, creators of international online trading expos, are set to kick off the new year with another edition of their Dubai event. On January 14th, iFX EXPO Dubai 2025 will launch with an iconic welcome party at Bla Bla Dubai from 19:30 to
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GOLD / Testing Resistance and Stabilizing in Bearish Trend
#XAU/USD# Gold Technical Analysis The price has dropped from its resistance level at $2,665 and is now attempting to stabilize within a bearish trend, potentially targeting $2,636. A move below $2,636 would likely extend the decline toward $2,623. Conversely, a break above $2,665 would
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GBP/USD: To consolidate between 1.2450 and 1.2550 – UOB Group
Pound Sterling (GBP) is expected to consolidate in a range between 1.2450 and 1.2550. In the longer run, GBP is expected to trade in a range, likely between 1.2420 and 1.2620, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. GBP is expected to trade in a range24-HOUR VIEW: “GBP soared by
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