Tag: Price movement

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USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity

USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
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EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders

The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from...
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Forex Market Analysis: EUR/USD and USD/CHF Trends – Action Forex

EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer...
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AUDUSD Price Analysis: Breaks Below Key Support at 0.6690 – Action Forex

AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is...
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EURUSD Technical Analysis: Greenback Continues to Weaken | Forexlive

The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase...
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NZD/USD Forecast: Key Resistance at 0.6150 – UOB Group

The New Zealand Dollar (NZD) has the potential to retest the 0.6130 level, according to analysts at UOB Group. However, the major resistance at...
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Crude Oil Technical Analysis: Key Breakout Boosts Bullish Momentum

Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The...
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USDCHF Technical Analysis: Approaching Key Resistance Level

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...
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USDJPY Price Analysis: Will USDJPY Break Above 160 Level? – Action Forex

USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting...
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EUR/USD Forecast: Latest Analysis and Updates – Action Forex

EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to...

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