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Bullish Corrective Scenario: Buy positions above 143.50 with a take profit (TP) at 144.00 or an extended target at 145.00, from where selling opportunities may resume. Bearish Scenario: Sell positions below 142.89 with a TP at 142.00, 141.74, and an extended target at 141.00. Bearish Pullback Scenario: Sell positions below 144.00 or 145.00 (where a […]

The post USDJPY Driven by Japanese Fundamentals with Target at 142.00 appeared first on Action Forex.

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02/08/2024

Canada’s July Employment Report Will Confirm a Weaker Labour Market

The Canadian jobs report for July next Friday is expected to show more softening in the labour market. Employment gains have already slowed substantially into the summer, and we expect July will be no exception with 15,000 new jobs added. Against a still rapidly rising population, the unemployment rate will likely have ticked higher again […]
23/05/2024

EUR/USD Price Forms Bullish Reversal Amid Key News

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05/06/2024

Copper Elliott Wave Analysis: Shorter Cycles Expect Further Decline

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