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Market Technical Analysis by RoboForex
RBFX Support replied to RBFX Support's topic in Forex News & Analysis
The dollar falls, the loonie celebrates: what’s next for USDCAD A stronger Canadian labour market supports the loonie and could push USDCAD down towards the support level at 1.3630. Discover more in our analysis for 9 June 2025. USDCAD technical analysis On the H4 chart, USDCAD formed a reversal pattern – Hammer – near the lower Bollinger Band. The pair is currently developing a correction from this signal. As prices remain within the descending channel, a move towards the nearest resistance at 1.3725 is possible. All macroeconomic factors currently favour the Canadian dollar. Read more - USDCAD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team -
Market Fundamental Analysis by RoboForex
RBFX Support replied to RBFX Support's topic in Forex News & Analysis
The dollar falls – EURUSD rises: what’s next? The drop in Nonfarm Payrolls has hit the US dollar, with EURUSD continuing its upward move towards 1.1460. Discover more in our analysis for 9 June 2025. EURUSD forecast: key trading points Nonfarm Payrolls data weakened the US dollar The ECB may pause its rate adjustments EURUSD forecast for 9 June 2025: 1.1460 Fundamental analysis Today’s EURUSD forecast favours the European currency. After the release of the Nonfarm Payrolls report, the dollar keeps losing ground against the euro. The actual figure came in at 149K, down from 142K in the previous period. While the drop might seem marginal at first glance, combined with other weak US macro data, it exerted pressure on the dollar and triggered an upward move in EURUSD. Investors are growing cautious about the weakening US dollar and seeking safe havens for their assets. Meanwhile, after initiating a rate cut cycle, the ECB has signalled a possible pause in further rate moves, which has strengthened the euro and supported the current rally in EURUSD. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team - Today
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Hard to make money in forex?
tradesprint replied to Nilde Lucchese's topic in Forex Discussions & Help
It is not easy as it is being told all over however we can learn how to trade and can acquired the skills needed to make money from forex trading but it can takes time. -
Yet every day is a learning day in the life of a trader, i guess patience can deliver wonderful results if we stick to the marketplace with our patience because when we start finding these markets as boring it means we have started learning the necessary skills.
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Why do you need a crypto exchanger In our world of digital assets, crypto exchangers play an important role, acting as a bridge between traditional finance and cryptocurrencies. They are in high demand for the following reasons: they provide convenience, speed, and accessibility of cryptocurrency transactions for a wide range of users. 1. Crypto exchangers simplify the process of buying and selling cryptocurrencies. They offer intuitive interfaces that allow even novice users to easily navigate the world of digital assets. 2. Crypto exchangers provide high transaction speeds. Unlike traditional financial institutions, which can take several days to process payments, crypto exchangers usually complete transactions within a few minutes. 3. Many crypto exchangers operate 24/7, allowing users to make transactions at any time and from anywhere in the world. 4. Crypto exchangers offer a wide range of cryptocurrencies, allowing users to diversify their portfolio and invest in various projects. Exchange with confidence with GarantCoin.io!
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J.J. Edwards’ Expert Market Analysis at FenzoFx
FenzoFx replied to FenzoFx's topic in Forex News & Analysis
ICT Strategy Signals Bearish Outlook for LTC FenzoFx—Litecoin consolidates near 87.1 after Saturday’s price action, down 0.09% today. ICT analysis places LTC in the premium pricing area, favoring short positions. Immediate resistance at 89.36 remains untested, while support lies at 86.61. Traders should wait for LTC to test resistance and watch for bearish signals like candlestick patterns and an inverted Fair Value Gap (FVG). If resistance holds, LTC could break below support, aiming for 85.17. The bearish outlook remains valid as long as 91.02 holds as resistance. -
Hard to make money in forex?
Nilde Lucchese replied to Nilde Lucchese's topic in Forex Discussions & Help
Forex trading can be challenging, especially when managing emotions during losses. Maintaining discipline and a clear mindset is essential for success. Choosing a broker with a straightforward account opening process and reliable support can make a big difference—LQDFX provides these features, helping traders focus on their strategies and growth. -
Leverage allows traders to control large positions with a small deposit, but without proper control, it can lead to significant losses. Many traders misuse leverage and blow their accounts. That’s why effective money management is crucial for long-term survival and success in the highly volatile forex market. LQDFX broker provides 1:1000 leverage, narrow trading spread, superior fast execution and high security of funding.
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Broker plays important role
Nilde Lucchese replied to Nilde Lucchese's topic in Forex Discussions & Help
In Forex, a secure broker works as a guide and reliable trading partner. LQDFX offers tight spreads, fast execution, and a range of account types to suit every trader—from beginners to professionals. With 24/5 support and strong client protection, it’s a trusted choice for those who take trading seriously. Trade smart, trade confidently with LQDFX. -
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Ripple partnered with Web3 Salon (backed by JETRO) to support Japanese Web3 startups with up to $200K in funding each. It’s a strong move toward real-world XRP Ledger adoption and adds more weight to XRP’s recent momentum. Meanwhile I Just tried out BingX because of their current promo, if you deposit $70 and make a $100 spot trade, you get a $10 USDC voucher from a $10K pool. The process was quick and straightforward, no complicated rules or locks. While trading, I checked XRP and saw it’s currently around $2.24, bouncing off support at $2.06 and showing signs of a potential move to the $2.50–$3.00 range. Market sentiment is shifting bullish with improving on-chain indicators. Worth checking out if you’re looking to explore a new platform and keep an eye on XRP at the same time.
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