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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6606.48
6606.48
6606.48
6636.73
6557.81
-18.22
-0.28%
--
DJI
Dow Jones Industrial Average
46021.42
46021.42
46021.42
46247.22
45733.70
-203.72
-0.44%
--
IXIC
NASDAQ Composite Index
22090.68
22090.68
22090.68
22187.06
21851.05
-61.73
-0.28%
--
USDX
US Dollar Index
99.090
99.090
99.170
99.100
99.020
+0.020
+ 0.02%
--
EURUSD
Euro / US Dollar
1.15676
1.15676
1.15683
1.15945
1.15662
-0.00208
-0.18%
--
GBPUSD
Pound Sterling / US Dollar
1.34184
1.34184
1.34197
1.34418
1.34110
-0.00114
-0.08%
--
XAUUSD
Gold / US Dollar
4686.39
4686.39
4686.78
4688.81
4634.09
+37.67
+ 0.81%
--
WTI
Light Sweet Crude Oil
92.160
92.160
92.195
94.291
92.063
-1.918
-2.04%
--

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[Anthropic Has Been In Deep Discussions With The U.S. Department Of Homeland Security Regarding Model Distillation And Export Controls.] March 20Th: According To A Report By Axios, Anthropic Met With The U.S. Department Of Homeland Security In A Closed-Door Meeting. The Discussion Mainly Focused On Model Distillation And Export Controls, And The Pentagon'S Dispute Was Not At The Core Of The Discussion

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South Korea PPI MoM (Feb)

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Japan National CPI YoY (Feb)

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Japan National CPI MoM (Feb)

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Japan National Core CPI YoY (Feb)

--

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Q&A with Experts
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    EuroTrader flag
    Matthew flag
    EuroTrader
    @MatthewLiquidity I to an orderblock then I lookout for smt divergence also as an extra confirmation for the entry
    i just wrote this down so I can make reference to it from time to time @EuroTrader
    EuroTrader flag
    Matthew
    i just wrote this down so I can make reference to it from time to time @EuroTrader
    @Matthewthat's cool brother . Pay attention to these details and be patient enough you would make some good bucks
    EuroTrader flag
    EuroTrader
    @MatthewYou can see SMT divergence at a demand zone plus we have now got structure confirmation so it's a good to go trade
    Matthew flag
    thank you so much sir. Am grateful. I'll backtest it again later today
    Matthew flag
    EuroTrader
    @MatthewYou can see SMT divergence at a demand zone plus we have now got structure confirmation so it's a good to go trade
    i gotta go for now..I'll catch up later
    EuroTrader flag
    Matthew
    i gotta go for now..I'll catch up later
    @Matthewit's all good, do have a nice time. let me also catch some time off the charts
    1XN8D954L6 flag
    what is the general trade of the eurusd
    Ikeh Sunday flag
    hello
    Ikeh Sunday flag
    good to be here
    Ikeh Sunday flag
    let's fish now
    Ikeh Sunday flag
    silver target on sell. 70.900
    3836537 flag
    哈哈
    Sinner flag
    Hello Friends READY For Signal
    Sinner flag
    (#XAUUSD) BUY NOW 4650 TAKE PROFIT 4655 TAKE PROFIT 4660 TAKE PROFIT 4665 TAKE PROFIT 4670 ❌ STOP LOSS 4640 USE IT GYUS  BEST SIGNAL FOR NOW
    Sinner flag
    Sinner
    (#XAUUSD) BUY NOW 4650 TAKE PROFIT 4655 TAKE PROFIT 4660 TAKE PROFIT 4665 TAKE PROFIT 4670 ❌ STOP LOSS 4640 USE IT GYUS  BEST SIGNAL FOR NOW
    wow Friend chake signal and market hit 🎯
    Sinner flag
    Sinner
    (#XAUUSD) BUY NOW 4650 TAKE PROFIT 4655 TAKE PROFIT 4660 TAKE PROFIT 4665 TAKE PROFIT 4670 ❌ STOP LOSS 4640 USE IT GYUS  BEST SIGNAL FOR NOW
    𝐗𝐀𝐔𝐔𝐒𝐃  BUY ❣️ 4650➜➜4664🤝🤝 𝐓𝐏  𝐇𝐈𝐓𝐓  𝐒𝐔𝐂𝐂𝐄𝐒𝐒𝐅𝐔𝐋𝐋𝐘 𝐃𝐎𝐍𝐄 140+ 𝐏𝐈𝐏𝐒 𝐃𝐎𝐍𝐄 𝐁𝐇𝐎𝐎𝐌 𝐁𝐇𝐎𝐎𝐌 🔥
    Sinner flag
    3832354 flag
    @Sinner
    3832354 flag
    Hi, which indicators did u use for 4650 to 4664 for profit?
    Type here...
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          Weakening of the CAD against the CHF

          Adam
          Summary:

          On December 16, 2024, the CAD/CHF exchange rate was trading around 0.62627, down slightly by 0.06% from the previous session. This weakness reflects the impact of macroeconomic factors, including the Bank of Canada's (BoC) interest rate cut decision and the Swiss National Bank's (SNB) monetary policy adjustment...

          SELL CADCHF
          EXP
          EXPIRED

          0.62600

          Entry Price

          0.62200

          TP

          0.63000

          SL

          0.57429 +0.00067 +0.12%

          --

          Pips

          EXPIRED

          0.62200

          TP

          0.62773

          Exit Price

          0.62600

          Entry Price

          0.63000

          SL

          The BoC has just cut its interest rate to 3.25%, marking the second consecutive 50 basis point cut this year, in response to slowing economic growth and stable inflation near its 2% target. Meanwhile, the SNB also cut its interest rate to 0.50% on December 12 to support the domestic economy amid weak growth and deflationary pressures.
          Additionally, oil prices – an important factor affecting the CAD as Canada is a major oil exporter – have risen slightly over the past week. However, the recovery in oil prices was not enough to offset the pressure from the BoC’s loose monetary policy, leading to a weakening of the CAD against the CHF.
          The BoC’s decision to cut interest rates aggressively was prompted by recent weak economic data. GDP growth in the third quarter came in at just 1.2%, below the initial forecast of 1.5%, while the unemployment rate rose to a three-year high of 6.8%. This forced the BoC to act quickly to stimulate the economy.
          On the other hand, the SNB is also facing similar pressure as Swiss GDP growth this year is forecast to be only 1.2%, below the long-term average of 1.8%. However, the SNB has an advantage thanks to the traditional strength of the CHF as a safe haven asset, especially in the context of geopolitical tensions in the Middle East and Ukraine that have not yet cooled down.
          The difference in monetary policy between these two central banks has created downward pressure on the CAD/CHF exchange rate.

          Market psychology

          Current investor sentiment reflects clear concerns about the global economic outlook. The BoC’s continued rate cuts have dented the attractiveness of the CAD to international investors. At the same time, the CHF – considered a safe haven – is being supported by the market’s defensive sentiment against global geopolitical and economic risks.
          Recent trading data shows that the majority of investors are long on CAD/CHF (84%), but the exchange rate is trending lower. This shows a discrepancy between market expectations and actual performance, reflecting uncertainty in investor sentiment. The Stochastic indicator on the technical chart also shows a strong sell signal as the indicator is in overbought territory.

          Technical analysis

          CAD Weakening Against CHF_1
          On the 15-minute (M15) chart, CAD/CHF is hovering below the Ichimoku cloud – a bearish signal that suggests the downtrend could continue in the short term. Bollinger Bands indicate that the price is near the middle band, with strong volatility as the price approaches the lower band at the support level of 0.6260.
          The Stochastic indicator (5,3,3) has crossed below the signal line, entering the overbought zone, signaling a possible short-term correction. If the price breaks the important support level at 0.6260, the next target could be the 0.6220 zone. Conversely, if the price rebounds from this support zone, the nearest resistance will be at 0.6340.
          In the additional Bollinger Bands chart (second image), it can be seen that the price has hit a low at the sixth period and is recovering slightly towards the middle band. However, the Bollinger Bands are still widening – a sign that high volatility is still possible.
          Overall, the CAD/CHF downtrend could continue in the short term if macro factors do not change significantly. Investors should pay attention to upcoming inflation data from both Canada and Switzerland to assess the possibility of further monetary policy adjustments.
          If the BoC continues to cut rates at a faster pace than expected or if oil prices fail to recover more strongly, the CAD will continue to face downward pressure against the CHF. Conversely, if the SNB decides to ease monetary policy further next year – as some economists predict – the CHF could lose some of its current strength.

          Trading Recommendations

          The CAD/CHF exchange rate is currently being influenced by both technical and fundamental analysis with a bias towards further downside in the short term. Investors should closely monitor key support and resistance levels along with the latest economic news to make appropriate trading decisions.Trading Recommendations:
          Entry:  If the rate breaks the support level at 0.6260.
          Take Profit:  At price zone 0.6220.
          Stop Loss: Above the important resistance level at 0.6300.
          The market remains volatile and unpredictable; therefore, strict risk management is essential to protect investment capital during this period.
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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