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USDJPY jumped over two figures on Friday after Bank of Japan kept interest rates unchanged and signaled it was not in rush for further hikes, despite the borrowing cost is still very low. Renewed attempt higher comes after Thursday’s rally of almost identical size stalled on approach to 144 barrier, with subsequent pullback contributing to […]

The post USD/JPY Outlook: Loses Ground as BoJ Keeps Rates on Hold and Says Not in Hurry for Further Tightening appeared first on Action Forex.

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19/08/2024

EUR/USD Outlook: Break Above 1.1000 Adds to Bullish Outlook, Limited Dips Should Be Anticipated

EURUSD keeps firm tone at the start of the week and extends gains above psychological 1.10 barrier after registering a weekly close above this level for the first time since late December. Bulls also cleared a Fibo resistance at 1.1012 (76.4% retracement of 1.1139/1.0601), adding to bullish stance. Falling 200WMA (1.1063) is in focus, with […]
30/05/2024

Elliott Wave Analysis Expects a Flat Correction as Wave 2 in EURUSD

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10/05/2024

USDCAD Slips Beneath 20-day SMA

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