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BTCUSD rallies and hits new 21-month high RSI and MACD detect positive momentum Bearish reversal to be considered upon dip below $41,200 BTCUSD surged yesterday, breaking back above $45,000 and hitting a new 21-month high at $47,282. It seems that the euphoria around the potential approval of a spot-Bitcoin ETF by the Securities and Exchange […]

The post Bitcoin Climbs to New 21-month High Ahead of ETF Decision appeared first on Action Forex.

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EUR/USD Price Action – Technical Analysis

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20/12/2023

USDCAD Wave Analysis

USDCAD broke support level 1.3410 Likely to fall to support level 1.3300 USDCAD currency pair under the bearish pressure after the pair broke the support level 1.3410 (low of wave B of the previous ABC correction (2) from the middle of July). The breakout of the support level 1.3410 accelerated the active short-term impulse wave […]
04/12/2023

US Jobs Data Eyed Ahead of Next Week’s Fed Rate Decision

The next couple of weeks could be massive for financial markets going into 2024, with a range of data from the US in the coming days setting us up nicely for the Fed meeting on the 13th. The standout event is the jobs report on Friday, with the Fed still seemingly of the view that […]
15/08/2024

Australian Dollar Rises on Strong Job Growth

The Australian dollar is in positive territory on Thursday. AUD/USD is trading at 0.6607 in the European session, up 0.16% on the day at the time of writing. Earlier, the Aussie rose as high as 0.6633 (0.48%) before retracting. Australian job growth jumps but unemployment rises The Australian employment report for July was an interesting […]