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The euro has been drifting most of this week and remains steady on Thursday. In the European session, EUR/USD is trading at 1.0533, up 0.22% at the time of writing. France in political chaos as government collapses France’s coalition government has collapsed after a no-confidence vote against the government passed on Wednesday. French Prime Minister […]

The post Euro Steady as France’s Government Collapses appeared first on Action Forex.

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15/04/2024

USDCAD Wave Analysis

USDCAD broke key resistance level 1.3625 Likely to rise to resistance level 1.3860 USDCAD rising strongly after the earlier breakout of the key resistance level 1.3625 (which has been reversing the price from December) intersecting with the 61.8% Fibonacci correction of the downward ABC correction (2) from November. The breakout of the resistance level 1.3625 […]
23/06/2024

Forex and Cryptocurrency Forecast

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05/12/2024

GBPUSD Shows Signs of Positive Momentum

GBPUSD in bullish correction in short-term RSI and MACD head north GBPUSD has been in a rising correction mode over the last couple of weeks after the bounce off the six-month low of 1.2486. The pair may revisit the 1.2750 barrier, which is holding near the short-term downtrend line. If the market successfully breaks this area, it may face […]