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USDJPY tries to surpass the 23.6% Fibonacci MACD and RSI gain momentum USDJPY is challenging the 23.6% Fibonacci retracement level of the down leg from 161.94 to 139.56 at 144.80, as well as the very short-term downtrend line, creating a bullish correction from the 14-month low of 139.56. The technical oscillators are currently mirroring the market’s […]

The post USDJPY Flirts With Short-Term Diagonal Line appeared first on Action Forex.

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11/12/2024

EUR/USD Faces Resistance While USD/CHF Builds Momentum

EUR/USD extended losses and traded below the 1.0550 support. USD/CHF is rising and might aim for a move toward the 0.8880 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the 1.0635 resistance and declined against the US Dollar. There is a key bearish trend line forming with resistance at […]
17/05/2024

After Surpassing $30, Silver May Aim for $50

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CADJPY Wave Analysis

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