Japan PMI Growth Slows, But Hiring and Price Pressures Stay Firm

Japan PMI Growth Slows, But Hiring and Price Pressures Stay Firm

Japan’s services sector lost momentum in September, with PMI Services falling from 52.5 to 51.3, while PMI Composite eased from 53.5 to 52.3. Services activity nevertheless expanded for a fourth straight month, while overall private-sector output grew for an eighteenth consecutive month. New business also increased at a slower pace, with domestic demand continuing to…

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GBPCHF Wave Analysis – 2 October 2026

GBPCHF Wave Analysis – ActionForex

GBPCHF: ⬆️ Buy – GBPCHF reversed from support zone – Likely to rise to resistance level 1.1060 GBPCHF currency pair recently reversed up from the support zone between the support level 1.0900 (which stopped wave ii at the start of September and wave (ii) at the end of September), lower daily Bollinger Band and the…

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EUR/AUD Weekly Outlook - ActionForex

EUR/AUD Weekly Outlook – ActionForex

EUR/AUD’s sharp reversal last week and break of 1.6163 support suggests that rebound from 1.6072 has completed as a corrective move at 1.6334. Initial bias is back on the downside this week for retesting 1.6072 first. Firm break there will resume larger down trend from 1.8554. In the bigger picture, as long as 1.6617 resistance…

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USD/CAD Weekly Outlook - ActionForex

USD/CAD Weekly Outlook – ActionForex

USD/CAD’s rise from 1.3730 continued last week and breached 1.4247 high. Initial bias remains on the upside this week. Sustained trading above 1.4247 will target 100% projection of 1.3480 to 1.4247 from 1.3730 at 1.4497. Nevertheless, considering bearish divergence condition in 4H MACD, break of 1.4153 support will indicate short term topping, and turn bias…

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USD/JPY Weekly Outlook - ActionForex

USD/JPY Weekly Outlook – ActionForex

USD/JPY engaged in sideway trading below 159.02 last week. Initial bias remains neutral this week first. On the upside, above 159.02 will resume the rebound from 152.87 to 160.38 key structural resistance next. Nevertheless, break of 156.36 will bring deeper fall back to 152.87 support instead. In the bigger picture, price action from 163.97 medium…

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