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The Euro remains constructive and ticks higher in early Thursday after Wednesday’s 0.5% bounce from new multi-month low, but initial reversal signal still needs more evidence to be validated, as daily studies are predominantly bearish. Another strong bullish daily close is needed to keep in play hopes of stronger recovery, with close above pivots at […]

The post EUR/USD: Holds Grip But Recovery Still Requires Confirmation appeared first on Action Forex.

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09/04/2024

EURJPY Rises Towards 16-Year High

EURJPY rebounds off uptrend line Price holds above SMAs Oscillators indicate more bullish movements EURJPY is climbing higher after the turning point near the medium-term ascending trend line and is moving towards the 16-year high of 165.36. The market has been developing within an uptrend since December 7 with the technical oscillators confirming an upside […]
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GOLD (XAUUSD) Elliott Wave: Forecasting the Path

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Is a China-Taiwan Conflict Likely? Watch the Region’s Stock Market Indexes

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