DBTradeS

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21/11/2024

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26/09/2024

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26/09/2024

USD Pairs Market Update: Bullish or Bearish?

As of September 25, 2024, USD pairs show a 55% bullish probability driven by higher U.S. interest rates and global safe-haven demand due to ongoing geopolitical tensions. However, recent Federal Reserve rate cuts and weaker U.S. economic data suggest a 45% bearish probability, signaling potential pullbacks in the near term. Traders should watch for technical resistance on pairs like USD/JPY and support levels on the Dollar Index (DXY). Geopolitical shifts and further Fed decisions could tip the balance.

Stay updated on the latest trends in USD pairs and market conditions!

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