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EURCHF reversed from support level 0.9300 Likely to rise to resistance level 0.9400 EURCHF currency pair recently reversed up from the key support level 0.9300 (intersecting with the lower weekly Bollinger Band and the support trendline of the weekly down channel from the start of 2023). The upward reversal from the support level 0.9300 stopped […]

The post EURCHF Wave Analysis appeared first on Action Forex.

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03/04/2024

EUR/USD Drifting as Eurozone Inflation Drops

The euro is showing little movement on Wednesday. In the European session, EUR/USD is trading at 1.0777, up 0.05%. Eurozone inflation ticks lower Inflation in the eurozone continues to decline. March CPI eased to 2.4% y/y, down from 2.6% in February and below of the market estimate of 2.6%. This matched November’s 28-month low and […]
22/04/2024

EUR/GBP: Rallies for the second day as dovish comments from BoE officials deflate Pound

EURGBP extends strong rally into second straight day and hit the highest in 4 ½ months on Monday, as the pound was hit by dovish comments from BoE officials, who shifted their initial view and expect inflation to ease further and remain around the central bank’s 2% target for next couple of years. The pair […]
23/05/2024

NZ First Impressions: Retail Trade, March Quarter 2024

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