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https://www.tradingview.com/x/YYyN2IWb/ Ahead of RBNZ bank rate and policy meeting scheduled for wenesday, the NZDUSD pair has experienced massive volatility starting the week bullish, the pair which is currently trading above the 50 EMA coulkd be set for more bullish movement, thus a break above the L1 mark could make price rally all the way to L2
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OANDA:NZDUSD Chart Image by nwangumasidney
Following the Australian CPI data in the early hours of today< CPI rose to 3.4 percent on a montly basis thus having a bullish effect on the AUDUSD pair as a break above 0.65304 would make price rally all the way to 0.65551https://www.tradingview.com/x/0n3cmyUo/
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FX:AUDUSD Chart Image by nwangumasidney
https://www.tradingview.com/x/fb6Kf97N/ EURUSD has been on a bearish move since hitting its July 13th high thus breaking major support zones as well as its AUG 2022 trendline. the bulls recently gained some strenght and set for more bullish move using the dotted lines as key resistance zone✅
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FX:EURUSD Chart Image by nwangumasidney
USDJPY set for a bullish move ahead of BOJ Gov Ueda speech; the pair has been on a progressive uptrend since hitting its JAN 2023 lows, breaking major resistant zones and last week hitting its highest point since Oct 2022 despite that the economy could be set for more recovery following Gov Ueda speech in the early hours of today which stated a 2 % economic growth for 2023 and a 10% growth on fixed investment which indicates more positive growth on the japanese yen. thus USDJPY could be set for more increase using the dotted lines as shown on the chart as key resistant zones ✅https://www.tradi
Here are the major economic events for the week✅
MON; JPY: BOJ Gov Ueda Speaks
TUES: JPY. CASH RATE
WENS; NZD:Inflation Expectations q/q
WENS: GBP: BOE Gov Bailey Speaks
WENS: USD: Fed Chair Powell Speaks
THURS; CNY: CPI y/y
THURS; USD: Unemployment Claims
THURS: USD: Fed Chair Powell Speaks
FRI: GBP: GDP m/m
USD; FRI; Prelim UoM Consumer Sentiment
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