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Forex Analytics News

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USD/JPY: Technical Overview during Dollar Holiday

The US dollar rose last Friday against most major currencies ahead of the President's Day long weekend which would end today, but the Japanese yen was stronger than the dollar, so the pair recorded a new low last week at 112.55.

The USD/JPY pair is trading now at 113.10 after it declined...

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NZD/JPY: Short Review & Forecast

The quotes of the NZD/JPY pair continue to be in the frames of the flat trend which was formed at the end of last year. At the same time, volatility has increased significantly and there is a high probability of trend changes.

Most likely we can expect the beginning of a new trend in...

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AUD/USD Technical Analysis & Daily Chart

General Analysis
During this week the price of the AUD/USD currency pair has risen by slightly more than 130 points and came close to the support level at 0.7700.

If we consider the US dollar in the global market, we can note that the price of this...

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EUR/SGD: Review & Short-term Forecast

The weak upward trend which we saw last month was replaced by a weak downtrend, although some might say that it is in fact a flat trend. Still, according to the chart, there is a tendency for a gradual strengthening of the Singapore dollar and there are many conditions for further strengthening...

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EUR/USD Technical Analysis & Daily Chart

General Analysis

The January increase for the EUR/USD currency pair was completed and now we are back into a medium downtrend. Since the beginning of February the price has dropped by 250 points and is now trading at around 1.0635. The closest support level for the...

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