Hudson
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U.S. Dollar Advances After Jobless Claims Data
The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as weekly jobless claims remained flat last week, indicating continued strength in the labor market. Data from the Labor Department showed that initial jobless claims came in at 212,000, unchanged from th
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WTI Elliott Wave analysis [Video]
WTI Elliott Wave analysis Function - Counter-trend. Mode - Corrective. Structure - Zigzag. Position - Wave (iii) of 1. Direction - Wave (iii) of 1 still in play. Details - We discussed two scenarios in the last update. After 84 was breached, we can confirm wave (B) has ended. Now we need further con
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What Trading Modes Does JRFX Offer?
In today's dynamic financial landscape, exploring different trading modes is essential for investors looking to diversify their portfolios and optimize their trading strategies. As a leading brokerage firm, JRFX offers a range of trading modes tailored to meet the diverse needs and preferences of tr
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Gold made a low for the day exactly at first support at 2,370/65 [Video]
Gold XAUUSD: made a low for the day exactly at first support at 2370/65 & longs worked on the bounce to all my targets of 2380, 2390, 2395. First support again at 2370/65 & longs need stops below 2355. Targets again are: 2380, 2390, 2395. A break lower however risks a retest of KEY SUPPORT A
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Australian Dollar struggles amid robust US economic data
The AUD/USD pair remains under pressure, hovering around 0.6528 on Friday. Earlier this week, the Australian dollar faced significant challenges, with a sharp decline against the USD. Efforts to stabilise the exchange rate have seen limited success thus far. The stronger-than-expected economic data
Pull-up Update