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Key Highlights USD/JPY started a fresh increase above the 155.80 resistance. It cleared a connecting bearish trend line with resistance at 156.35 on the 4-hour chart. EUR/USD started a consolidation phase below the 1.0465 resistance. GBP/USD could face hurdles near the 1.2400 and 1.2420 levels. USD/JPY Technical Analysis The US Dollar found support at 154.80 […]

The post USD/JPY Increase on Hold: Here’s Why The Pair Could Struggle appeared first on Action Forex.

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04/07/2024

Market Analysis: AUD/USD and NZD/USD Set for Steady Gains

AUD/USD is correcting gains from the 0.6735 zone. NZD/USD is showing positive signs and might attempt a fresh increase above 0.6120. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a downside correction from 0.6735 against the US Dollar. There is a key bullish trend line forming with support at […]
26/04/2024

U.S. Consumer Spending and Income Rise in March, Inflation Holds Steady 

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28/10/2024

Australian Dollar at 10-Week Low, RBA Remains Hawkish

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