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GBPUSD holds in tight range in near term MACD and RSI tick lower GBPUSD is flirting with the long-term ascending trend line after the downfall of the 1.3045 resistance level. The next crucial point for traders to meet is the 1.2840 support and the 200-day simple moving average (SMA) at 1.2820. According to technical oscillators, […]

The post GBPUSD Gives Strong Battle With Uptrend Line appeared first on Action Forex.

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11/09/2024

EURUSD Seems to Gave Found a Floor Above 1.1000

EURUSD is higher again today Momentum indicators confirm an upside recovery EURUSD found some footing around the 1.1015 support level and returned to the upside thereafter. The price failed to penetrate the 1.1000 psychological level where any rally higher may prove valuable to the market. The red Tenkan-sen however remains flat above the blue Kijun-sen […]
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Will Gold Resume Its Prevailing Uptrend?

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