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November 8, 2024

GBP/USD: Likely to trade sideways between 1.2930 and 1.3010 –

Instead of continuing to advance, the Pound Sterling (GBP) is more likely to trade sideways between 1.2930 and 1.3010. In the longer run, downward momentum

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November 8, 2024

Technical Analysis – GBPJPY fails to challenge 200.00 key level

From a technical perspective, there is a growing risk of a negative correction. The stochastic oscillator is pointing south, ready to post a bearish crossover,

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November 8, 2024

EUR/USD resumes decline as Trump victory keeps US Dollar upbeat

EUR/USD faces selling pressure near the key resistance of 1.0800 in European trading hours on Friday. The major currency pair fails to extend Thursday’s recovery

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November 8, 2024

AUD/USD: Bulls are set to test 0.6700 before a pause

Sharp bounce appears to be overdone, but there is a chance for the Australian Dollar (AUD) to test 0.6700 before a pause is likely. In

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November 8, 2024

NZD/USD Price Forecast: Recovery stalls near 20-day EMA

The NZD/USD pair struggles to extend Thursday’s recovery move above 0.6050 and corrects to near the psychological support of 0.6000 in Friday’s European session. The

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November 8, 2024

NZD/USD: Can edge higher to 0.6075 – UOB Group

Instead of continuing to advance, the New Zealand Dollar (NZD) is more likely to trade in a 0.5980/0.6040 range. In the longer run, upward momentum

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November 8, 2024

USD/JPY: USD is likely to trade in a range –

Upward momentum has slowed sharply and quickly; a break of 152.50 means that USD is likely to trade in a range instead of heading higher,

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November 8, 2024

USD/CNH: Surge in momentum suggests further USD strength – UOB

The US Dollar (USD) is likely to trade in a range between 7.1350 and 7.1770. In the longer run, surge in momentum suggests further USD

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