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USDCAD adds 3.4% from 1.3420 Remains well above the SMAs MACD and RSI indicate overbought levels USDCAD has been creating a notable bullish rally since the bounce off the 1.3420 support level, taking the price to an almost three-month high of 1.3868. The pair added 3.4% on this rally, trying to switch the medium-term outlook […]

The post USDCAD Still Near the Almost 3-Month High appeared first on Action Forex.

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AUDUSD: Will September’s Bullish Vibes Return?

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08/07/2024

GBPUSD Wave Analysis

GBPUSD rising inside wave 2 Likely to rise to resistance level 1.2850 GBPUSD currency pair recently reversed up from the key support level 1.2630 (which also stopped the earlier impulse ii at the end of June). The support level 1.2630 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of […]
07/02/2024

Australian Dollar Yawns as RBA Stands Pat

The Australian dollar is showing limited movement on Tuesday, after the Reserve Bank of Australia held interest rates. In the European session, AUD/USD is trading at 0.6493, up 0.61%. RBA maintains rates The RBA left interest rates unchanged at 4.35% at its first meeting of 2024. The central bank raised rates by a quarter-point in […]
15/12/2023

S&P 500 (SPX) Impulsive Rally in Progress

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