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GBPJPY bounces off uptrend line Stochastic and RSI head higher GBPJPY has been moving higher over the last few days after the rebound from the support level around 188.00 and is currently trading near 192.00. This upward movement suggests a potential shift in market sentiment, with buyers stepping in to push prices higher. The stochastic oscillator […]

The post GBPJPY Looks Ready to Challenge 192.00 appeared first on Action Forex.

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02/08/2024

USD/JPY Outlook: Falls Further on Weaker than Expected NFP Numbers

USDJPY fell sharply (down 1% in immediate reaction to US jobs data) after US NFP dipped well below expectations in July (114K vs 176K f/c), while June’s figure was revised down to 179K from initial 206K. Unemployment unexpectedly rose to 4.3% in July from 4.1% June / consensus, while average earnings rose by 0.2% last […]
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EUR/USD Slips as USD/CHF Targets Upside Break

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