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img-2 Weekly Forex Forecast: Major Markets Test Key Levels as Traders Turn More Cautious Major markets are showing a mix of technical resistance, hesitation and changing positioning as traders reassess rates, risk and key price levels.
The backdrop for this move hinges on the divergence between market expectations and Federal Reserve messaging. For weeks, traders positioned for US rate cuts starting in the spring, a narrative supported by softening inflation data and Fed communications.
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Forex Pairs in Focus: USD/CAD Rallies as Wheat and Soybeans Break Out

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USD/CAD gains amid a stronger US dollar and weaker Canadian dollar, while wheat and soybean futures draw attention after strong technical moves.
img-4 WTI Crude Oil: Until Otherwise Prove Beware of Cautious Realm Reports from the Middle East indicate that Oman and Iran may have agreed to allow transit of oil tankers in the waters near the Musanadam Peninsula which is part of the southern coast of the Hormuz Strait. This is important....
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Waiting for the Next Catalyst: Why Crypto Looks Stuck in Consolidation

Last week, the bullish momentum was evident. This week the picture is messier. The tape still holds, but it has also thinned.
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Free Forex Trading Signals & Analysis Get the latest Forex news and analysis

At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.

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News by our Chief Analyst

Adam Lemon

Adam joined Daily Forex as Chief Analyst in 2013, with over a decade of experience in the global financial markets, including six years as an Assistant Vice President at Merrill Lynch

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