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Goldman Sachs forecasts USD/CNY to dropping to 7.20 in 3 months 7.10 in six months 7 over the next 12 months Goldman Sachs sees China’s exports remaining strong. “The undervalued levels of the currency, both on a real trade-weighted basis but especially versus the dollar, all point to the possibility for a stronger onshore yuan…
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The Nasdaq-100 ETF (QQQ) appears to have ended its correction against the April cycle. The current resurgence stems from the blue box, where we recommended members to go long. In this blog post, we will analyze the structures, the blue box, and what to expect next. Indices began to sharply rebound last week after correcting…
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Best Session MT5 Indicator – ForexMT4Indicators.com
The Best Session MT5 Indicator is designed to simplify this process by showing active trading sessions directly on your chart, helping traders make smarter decisions with less guesswork. Why Session Timing Matters Forex markets are divided into four major sessions: London, New York, Tokyo, and Sydney. Each session has its own characteristics, such as volatility,…
NZD/USD: To face a sustained decline below 0.6050 – UOB Group
The New Zealand Dollar (NZD) is likely to consolidate in a range of 0.6070/0.6110. In the longer run, oversold weakness has not stabilised, but NZD must break clearly below 0.6050 before further sustained decline is likely, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. NZD to consolidate in a range of…
