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Forex Analytics News

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AUD/CAD Technical Analysis

On the background of increasing energy prices and the successful negotiations between the United States and Canada, the Canadian dollar continues to strengthen.

Given the strength in the world arena, the oil price...

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Oil (CL/WTI): Short Review & Forecast

The rates continue in the frames of an uptrend. Overall, the situation on the market matches with the forecasts of analysts who expected for this year oil prices in the range of 60-65 dollars per barrel CL/WTI. We can see an appropriate consolidation on the chart with signs of the flat trend...

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GBP/USD Technical Analysis

The dollar began to decline after yesterday's press conference of Jerome Powell. The raising of the interest rate by 25 basis points and the publication of strong data on the real estate market took place before. Despite expectations, the dollar was sold by...

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USD/JPY Technical Outlook & Daily Chart

Today we would take a look at the USD/JPY currency pair. It has been much more volatile over the past few months and since the beginning of 2018 the yen has overtaken the dollar: from near the level of 112 now the USD/JPY is trading around the level of 105, which was last reached in...

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GOLD (XAU/USD): Short Review and Forecast

At the moment the US dollar is stable, which is reflected on the value of Gold. The rates consolidated within the flat trend starting from January. At the same time, there are signs of movement of the rates down to the support line, as the demand for safe assets decreased this month. If...

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