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Gold price rose further on Friday morning and pressuring important technical barriers ahead of release of key US NFP report. The metal rose around 1.7% for the week so far, benefiting from weaker dollar on soft US macroeconomic data, which point to a slowing US economy and boost bets for possible Fed rate cut in […]

The post XAU/USD Outlook: Gold Price Remains at the Front Foot Ahead of US NFP Report appeared first on Action Forex.

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20/12/2023

Nikkei 225 Technical: Potential Major Bullish Breakout After Pull-Back

Yesterday’s swift rally has led to an overstretched upside momentum condition. At the risk of a minor corrective pull-back within its short-term uptrend phase. Watch the 33,150 key short-term support. The price actions of the Japan 225 Index (proxy of the Nikkei 225 futures) have managed to hold above the 32,090 key medium-term support as […]
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Technical Outlook and Review

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