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GBPUSD finds strong support in 1.2480 region But upside momentum struggles to take off GBPUSD has managed to hold above the 1.2500 mark this week following last week’s post-Fed tumble that pulled the pair to the lowest since May, hitting 1.2474. The slide reinforced the medium-term downtrend line as a strong resistance wall, but now […]

The post GBPUSD Holds Above 1.25 But Weak Bullish Bias appeared first on Action Forex.

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RBA More Confident About Rate Cut, Aussie Shrugs

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25/10/2024

EURCAD Wave Analysis

EURCAD reversed from support zone Likely to rise to resistance level 1,5000 EURCAD currency pair recently reversed up from the support zone located between the key support level 1.4900 (former resistance from June), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from June. The upward reversal from this support zone […]
19/11/2024

Canadian Inflation Jumps Higher in October

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NZDUSD Extending Lower in Zigzag Correction

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