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USDCHF rises rapidly after SNB lowers interest rates to 1.25% Oversold signals favor the bulls; more upside needed for a positive outlook USDCHF turned swiftly up to test its 200-day simple moving average (SMA) at 0.8890 after the Swiss National Bank (SNB) cut interest rates by a quarter percentage point for the second consecutive meeting […]

The post USDCHF Cheers on SNB Rate Cut appeared first on Action Forex.

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20/03/2024

Time for USDCAD to Go for a Higher High?

USDCAD rises after cooler than expected Canadian inflation A break above 1.3605 could signal uptrend continuation For the outlook to turn bearish, a dip below 1.3455 may be needed USDCAD rose yesterday after the Canadian CPI numbers came in lower than expected. However, the pair found resistance near the key barrier of 1.3605 that’s been preventing […]
22/02/2024

NZDJPY Hits Nine-Year High as Bullish Run Continues

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Forex and Cryptocurrencies Forecast

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