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Sunset Market Analysis and Forex Strategies for Success
The global markets were influenced by the ongoing conflict in Ukraine, with concerns rising about a potential escalation. European equities and yields experienced a significant drop, leading to a risk-off sentiment in the market....
EUR/AUD Forex Analysis: Mid-Day Update and Forecast
The EUR/AUD currency pair has been experiencing a downward trend, with the recent decline from 1.6598 to 1.6161 indicating a bearish bias. The intraday outlook suggests that the pair may continue to fall towards...
Gold (XAUUSD) Elliott Wave Analysis: Next Leg Higher – Action Forex
Gold (XAUUSD) has been showing an interesting Elliott Wave pattern in the short term. The recent rally ended at 2790.07, marking the completion of wave ((3)). This was followed by a pullback in wave...
AUD/USD Recovery Faces Headwinds: Upside Still Restricted – Forecast and Analysis
The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back above a bearish trend line with resistance at 0.6480 on...
European Equities Aim for Recovery in New Trading Day
European equities are on the rise in the new trading day, but it's important to be aware of the high level of risk associated with foreign exchange trading. This may not be suitable for...
EUR/USD Daily Forecast: Latest Analysis and Predictions – Action Forex
The EUR/USD daily forecast suggests that the intraday bias for the currency pair remains neutral, indicating that there could be more consolidations above the 1.0495 level. The outlook will continue to be bearish as...
Impact of Trade Tariffs, Global Demand, and Policy Uncertainty on Asia | Forexlive
Asia is facing challenges due to trade tariffs, global demand, and policy uncertainty, according to a note from Nomura. The region is bracing for potential economic turbulence in the wake of President Trump's second...
Comprehensive Eco Data Analysis for 11/20/24 – Action Forex
In the latest eco data analysis for November 20, 2024, several key events took place across different currencies. Let's take a closer look at the numbers and how they may impact the global market.Starting...
Crude Oil Futures Settle at $69.39: Latest Updates and Analysis
The WTI crude oil futures settled at $69.39, showing a slight increase of $0.23 or 0.33%. This price is technically closing above its 200-hour moving average, which is a positive sign for the buyers....
Temporary Dollar Dip vs. Intrinsic Euro Strength: Action Forex Analysis
The recent fluctuations in the Dollar Index have left many analysts puzzled, as the currency seems to be moving against fundamental forces. The DXY reached a high of 106.99 last Thursday, nearing the October...