JPY falling due to fundamental discrepancies in Fed and BoJ policies The USDJPY rate declined on Thursday, 27 June 2024, unable to hold at the 38-year high of 160.85 reached on Wednesday. The Japanese authorities expressed concerns about the sharp ...

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EUR is declining ahead of the Eurogroup meeting Today’s EURUSD forecast appears pessimistic as the news landscape may confirm the technical analysis conclusion about the pair’s decline. The Eurogroup meeting and a speech by ECB representative Philip ...

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AUD rises to a two-week peak, supported by several factors The AUDUSD pair benefits from the RBA’s tough stance, the US dollar’s weakness, and attacks on the yen. The Australian dollar has reached a two-week high against the US dollar and is ...

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The fall of the pound continues for the second week On Monday, the pound keeps losing ground against the US dollar, continuing its decline since 12 June 2024. British industrialists expect a slight improvement in the UK Industrial Orders Index ...

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JPY struggles amid widespread decline The Japanese yen is undergoing a correction after the release of the May core consumer price index. The likelihood of continued weakening remains high. Japan released the nationwide core consumer price index for ...

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EUR is on standby, awaiting news The leading currency pair is consolidating. Investors are conserving energy ahead of a new batch of statistics and external information. The euro against the US dollar is stable around the 1.0738 mark on Thursday. ...

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Will the ECB meeting help strengthen the euro? The US dollar continues to lose ground against the euro on Wednesday. The European Central Bank meeting may bring about some changes. Today’s European Central Bank meeting on non-monetary policy issues ...

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Gold is correcting, facing pressure from a strong US dollar Gold prices continue to correct after reaching an all-time high of 2,450 USD per troy ounce. Pressure mostly comes from the strengthening US dollar, which has received support after last ...

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EUR continues to fall: the US dollar is to blame. Overview for 17.06.2024 The EURUSD position appears weak on Monday. The current EURUSD exchange rate stands at 1.0702. The EUR faces serious pressure due to the political imbalance in Europe and a ...

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RoboForex: upcoming changes to the trading schedule (the Juneteenth Holiday in the US) image Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Juneteenth Holiday in the US Dates: 19/06/2024 This ...

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Murrey Math Lines 14.06.2024 (Brent, S&P 500) Brent Brent crude oil quotes are below the 200-day Moving Average on D1, indicating a prevailing downtrend. The RSI is testing the resistance line. In this situation, the price is expected to break the ...

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JPY is under pressure. Overview for 14.06.2024 The Japanese yen is declining against the US dollar on Friday. The current USDJPY exchange rate stands at 157.85. The Bank of Japan concluded its meeting, opting to maintain its current monetary policy ...

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Ichimoku Cloud Analysis 13.06.2024 (GBPUSD, XAUUSD, USDCHF) GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after rebounding from the upper boundary of the bullish channel. The pair is moving above the Ichimoku Cloud, suggesting an ...

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EURUSD experienced significant volatility. Overview for 13.06.2024 The primary currency pair is looking for support after a turbulent rise on Thursday. The current EURUSD exchange rate stands at 1.0805. Yesterday, the EURUSD pair faced a massive ...

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Murrey Math Lines 12.06.2024 (USDJPY, USDCAD) USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. The RSI has breached the resistance line. In this situation, the price is ...

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EURUSD declines. Overview for 12.06.2024 The primary currency pair is dropping lower on Wednesday. The current EURUSD exchange rate stands at 1.0740. Political instability in France is significantly impacting the euro. President Emmanuel Macron’s ...

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Japanese Candlesticks Analysis 11.06.2024 (USDCAD, AUDUSD, USDCHF) USDCAD, “US Dollar vs Canadian Dollar” USDCAD has formed a Hanging Man reversal pattern on H4. The instrument is currently following the reversal signal in a descending wave. The ...

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GBP attempts to rise. Overview for 11.06.2024 The British pound sterling is trying to rise against the US dollar. The current GBPUSD exchange rate stands at 1.2736. The pound has stabilised after hitting a new local low last week. The UK employment ...

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Murrey Math Lines 10.06.2024 (EURUSD, GBPUSD) EURUSD, “Euro vs US Dollar” EURUSD quotes have broken below the 200-day Moving Average on D1, indicating a potential downtrend. The RSI has breached the support line. In this situation, the price is ...

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EUR fell to a four-week low. Overview for 10.06.2024 The primary currency pair continues to plummet on Monday. The current EURUSD exchange rate stands at 1.0795. The euro faced two substantial pressure factors. Firstly, there were political ...

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