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Key Highlights GBP/USD is holding the 1.2620 and 1.2600 support levels. A key declining channel is forming with resistance near 1.2700 on the 4-hour chart. EUR/USD extended losses toward 1.0800 and remains at risk of more downsides. The Fed interest rate decision is scheduled today (forecast 5.5%, versus 5.5% previous). GBP/USD Technical Analysis The British […]

The post GBP/USD Eyes Fresh Increase, Fed Rate Decision Next appeared first on Action Forex.

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04/12/2023

Bitcoin Surpasses $40,000 Per Coin

December begins extremely optimistically for the cryptocurrency market, resembling: → December 2020, when bitcoin grew by 46.9%; → December 2017, when bitcoin grew by 38.9%; → December 2016, when bitcoin grew by 30.8%. If there are psychological patterns in the increase in demand on the eve of the holidays, then perhaps they come into force, […]
17/04/2024

Nikkei (NKD) Has Reached Support Zone

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26/01/2024

Sunset Market Commentary

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