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BySilas WA short position in AUD/USD, initially triggered by weaker-than-expected Australian GDP data, was closed profitably today as the U.S. jobs report showed stable employment conditions. Let’s examine how this theoretical trade played out and what we can learn from the outcome. This Article Is For Premium Members Only Become a Premium member for full…
USD/JPY Weekly Outlook – Action Forex
BySilas WUSD/JPY rose further to as high as 150.90 last week but reversed ahead of 100% projection of 139.87 to 148.64 from 142.66 at 151.43. Initial bias stays neutral this week first. On the downside, firm break of 145.84 support will argue that whole rise from 139.87 might have already completed. Deeper fall should then be…
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China’s Caixin PMI manufacturing rises to 51.7, production picks up – Action Forex
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