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Key Highlights USD/JPY started a fresh increase above the 153.50 resistance zone. A connecting bullish trend line is forming with support at 152.20 on the 4-hour chart. EUR/USD is attempting a recovery wave from the 1.0700 zone. Bitcoin rallied to a new record high above $76,000 before it saw a consolidation phase. USD/JPY Technical Analysis […]

The post USD/JPY Rebounds With New Traction: Can It Sustain Rise? appeared first on Action Forex.

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01/11/2024

Crypto Takes a Step Back, Ready for Volatility

Market Picture The crypto market stumbled on the last day of October, losing over 5.5% in 24 hours as investors turned to profit-taking. The drop coincided with the stock market entering a period of high uncertainty ahead of a mix of influential events: the NFP on Friday, the US election results on Wednesday and the […]
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Bitcoin Will Have to Settle Here

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