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With the appearance of deviations between the price movements of the AUD/USD commodity currency pair which formed a Lower Low while the Stochastic Oscillator indicator on the contrary formed a Lower High which was also confirmed by the price movement of AUD/USD which has successfully broken and closed above the WMA (30 Shift 2) then as long as there is no further weakening that breaks and closes below the level of 0.6134 then AUD/USD has the potential to strengthen again where 0.6205 will be tested in the near future if this level is successfully broken and closes above it then AUD/USD will head to the level of 0.6244 and if the momentum of strengthening and volatility support then 0.6278 will be the next target to be aimed for.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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From what we see on the 4-hour chart of the Nasdaq 100 index, there are several interesting things, namely, first, the price movement is moving below the MA (100), second
Early in the American session, gold is trading around 3,312 with a bullish bias after breaking out of the symmetrical triangle. Gold is now likely to continue rising
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On the 4-hour chart, the USD/CAD commodity currency pair can be seen moving below the EMA (100) and the appearance of a Bearish 123 pattern and the position
With the Stochastic Oscillator condition heading towards the Oversold level (20) on the 4-hour chart of the AUD/JPY cross currency pair, in the near future AUD/JPY has the potential
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