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EURUSD Technical Analysis: Market Needs More for USD Gains | Forexlive
Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to the US Jobless Claims figures also being released, showing a...
Crypto Market Trends: Impact of American and Asian Markets on Cryptocurrency Trading – Action...
The cryptocurrency market experienced a slight dip of 0.2% to $2.12 trillion in a 24-hour period, with a notable drop during the US session before bouncing back with lower volumes in Asian trading on...
Asia-Pacific FX News Wrap: Major Forex Trades Mostly Sideways | ForexLive
Asia-Pacific FX trading was relatively quiet today, with major forex trades mostly moving sideways. The day saw a mix of news and events, including Israel's army reporting the killing of a top commander of...
USD/JPY Forecast: Potential Pullback Ahead for Bulls – Action Forex
The USD/JPY pair experienced a rally above 149.20 before facing resistance from the bears. On the 4-hour chart, it traded below a significant bullish trend line with support at 149.35. Meanwhile, the EUR/USD saw...
New Zealand Manufacturing PMI Improves to 46.9 in September | Forexlive
The New Zealand Manufacturing Purchasing Managers' Index (PMI) showed improvement in September, reaching 46.9. This indicates a slight recovery in the manufacturing sector in the country.It is important to note that foreign exchange trading...
Fed’s Goolsbee Expects Close Calls on Rate Decisions Ahead – Market Outlook
Chicago Federal Reserve President Austan Goolsbee recently spoke to CNBC about the progress in controlling inflation and stabilizing the labor market in the last year and a half. According to Goolsbee, inflation has decreased...
Understanding the NZDUSD Price Action: Watch This Video for Clarity
If you're finding it hard to understand what's going on with the NZDUSD price action, don't worry, you're not alone. Price action can be confusing, but looking at the technical aspects can help shed...
Fed’s Williams Expects Gradual Shift Towards Neutral Policy – Action Forex
New York Fed President John Williams spoke today about the future direction of monetary policy, indicating that there will be a gradual shift towards a more neutral stance in the coming months. This aligns...
NZDUSD Technical Analysis: Greenback Support Ahead of US CPI
The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate cuts. This week, the greenback continued to rise as the...
USDCHF Forecast: Bullish Outlook Ahead of US CPI Release
The USDCHF pair has shown a positive trend recently, reaching a six-week high of 0.8609 after finding support near the 50-day SMA. The technical indicators suggest that there is potential for further bullish movement,...