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Key Highlights Crude oil prices found support near the $72.00 zone. A connecting bearish trend line is forming with resistance at $76.60 on the 4-hour chart. EUR/USD is consolidating near the 1.0900 pivot zone. Bitcoin could struggle to recover above $58,000 and $58,800. Crude Oil Price Technical Analysis After a close below the $80.00 level, […]

The post Crude Oil Prices Path to Recovery: Major Challenges Ahead appeared first on Action Forex.

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25/07/2024

AUDCHF Wave Analysis

AUDCHF broke support level 0.5865 Likely to fall to support level 0.5735 AUDCHF currency pair recently broke the key support level 0.5865 (which stopped the previous correction (A) in the middle of June). The breakout of the support level 0.5865 coincided with the breakout of the 50% Fibonacci correction of the previous sharp upward impulse […]
08/03/2024

Canada’s Labour Market Adds Jobs in February, Weak Underlying Details

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12/03/2024

Sterling Loses Ground on Just-Below Consensus Labour Market Data

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