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Forex Analytics News

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GBP/AUD Technical Outlook after a 2-Week Rally

After two weeks of the GBP's rally against all major currencies, we find ourselves in a new week and a new month to predict the movement for the pair in May, which has always been known as a falling-down month.

The GBP/AUD currency pair has risen in the last six weeks to reach its...

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Is Oil Recovering?

It appears that the oil’s shaky journey up and down on the market continues. After the crisis of 2015 and early 2016, the oil began stabilizing when OPEC agreed to cut back production, thereby alleviating oversupply. Still, results have been less successful than originally planned, mostly...

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XAU/USD: Fundamental Review & Forecast

This week the gold has been under the strong pressure of the Euro based on the results from the first round of elections in France. Investors have got some confidence in the future of the EU and the victory of the loyal-to-the-EU candidate Emmanuel Macron. The Euro has considerably strengthened...

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CAD/JPY: Fundamental Review & Forecast

While the Euro has strengthened dramatically against the Japanese yen, showing a giant price hike from 116.8 JPY up to 121 JPY based on the results from the first round of elections in France. Meanwhile, the yen is losing positions against most currencies because it is under pressure, mainly due...

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GBP/NZD New 8-Month Highs & Daily Chart

For eight months the GBP/NZD currency pair had not reached the current levels, and since January 17 every week the pair is recording new highs. Now the pair recorded its highest level in eight months at 1.8429.

After the aggressive downside wave from last May's highs till October's lows,...

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