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Key Highlights EUR/USD started a fresh decline below the 1.1600 support. It traded below a major bullish trend line with support at 1.1605 on the 4-hour chart. GBP/USD declined further below 1.3250 and 1.3200. Gold started a consolidation phase near $4,000. EUR/USD Technical Analysis The Euro started another decline below 1.1620 against the US Dollar. […]

The post EUR/USD Remains Vulnerable — Further Selling Likely If Dollar Rally Continues appeared first on Action Forex.

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18/07/2024

WTI Oil Futures Hold Above 80.00

WTI futures rebound from a 3-week low Next target for the bulls is the July peak of 84.50 Momentum indicators are cautiously tilted to the upside WTI oil futures (August delivery) had been in a steady uptrend since early June before experiencing a pullback following their rejection at a fresh two-month high of 84.50. Although the price fell to […]
01/03/2024

US100: Has the Correction Ended?

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07/12/2023

Hang Seng Index Technical: Entrenched in a Downward Spiral

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