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We are assisting at a very mixed picture across different asset classes – Equities are down after the long weekend, the US Dollar is up but correcting from its highs since the ISM Manufacturing PMI report, and Cryptocurrencies are sluggish, but showing signs of rebound. After sending worrying signs throughout the past week of price […]

The post Cryptocurrencies Still Lack Clear Direction – BTC, SOL, XRP and SOL Levels appeared first on Action Forex.

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Bitcoin Price Chart Analysis: Are the Bulls Lifting Their Heads?

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30/01/2024

AUD/USD Eyes Retail Sales

The Australian dollar is in positive territory on Monday after an uneventful week. In the European session, AUD/USD is trading at 0.6603, up o.41%. Australian retail sales expected to downturn The markets are braced for a soft retail sales report on Tuesday, with December’s consensus estimate standing at -1.0%. The November report sparkled with a […]
26/01/2024

CAD’s Troubles Could Be Soon Forgotten

The Canadian Dollar faces a confluence of challenges, from the unexpected BoC stance on interest rates to mixed economic data and the traditionally impactful fluctuations in oil prices. As investors grapple with uncertainty regarding future monetary policy directions and the resilience of various economic sectors, the ‘Loonie’ is navigating a complex landscape. Understanding the interplay […]
15/01/2025

Gold and WTI Crude Oil Prices Regain Momentum

Gold price started a fresh increase above the $2,665 resistance level. WTI Crude oil prices climbed higher above $77.00 and might extend gains. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold price started a steady increase from the $2,630 zone against the US Dollar. It cleared a key bearish trend line […]