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Forex Analytics News

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EUR/SGD: Short Review and Forecast

The upward trend continues and the euro strengthened versus all currencies, including the SGD. Moreover, the trend is becoming more rapid, given the emerging downturn in the Singaporean economy. The rates continue to test the resistance line and to push it up, achieving the price level of August...

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USD/JPY Technical Overview & Daily Chart

Today we would take a closer look at the USD/JPY currency pair, an instrument bound to be volatile. The pair was in a downward channel from the very end of 2017. Despite a few small corrections, this channel dominated the chart until yesterday, when we began to see some upwards...

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AUD/USD Technical Analysis & Forecast

Today in Australia the index of prices for exports and imports was released and showed results better than forecasted. However, permits for new construction introduced a negative trend. The Australian dollar and its weakening are affected by the prices of raw...

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AUD/CAD: Review & Forecast

An upward trend was formed in December due to the improvement of the economic situation in Australia and the rising prices of the iron ore. On the back of strong economic statistics, investors have increased the probability of a rate hike by the RBA, although they did not plan to change their...

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GBP/USD Technical Analysis

To date, our pair has moved away from the previously reached highs and has been hovering around the level of 1.4310. The data released today from the UK showed mixed dynamics and did not significantly support the British currency. Furthermore, the pound began to...

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