EUR/USD Analysis and Forecast: Key Updates and Trends – Action Forex
The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it...
BlackRock CEO Predicts Fed to Cut Rates by 25 bps Before Year-End
BlackRock CEO, Larry Fink, recently made a prediction about the Federal Reserve cutting rates before the end of the year. He believes that there...
GBPUSD Trading Range Forecast: 1.2900 – 1.3000 Key Levels – Action Forex
GBPUSD recently lost momentum as it approached the uptrend line, signaling a potential shift in the market. Although the pair broke the long-term ascending...
China’s Luckin Coffee to Enter US Market, Plans to Undercut Starbucks Prices
China's Luckin Coffee, known for its aggressive expansion and competitive pricing, is set to enter the US market in a move that could shake...
Eco Data Analysis for October 29, 2024 – Action Forex
The Eco Data Analysis for October 29, 2024, provided insights into various economic indicators across different countries. Here is a breakdown of the data:-...
Crude Oil Futures Settle at $67.38 – Latest Update and Analysis
Crude oil futures ended the day at $67.38, marking a decrease of -$4.40 or -6.13%. Throughout the day, the price fluctuated between a low...
Navigating the FOMC Blackout: November Flashlight Analysis – Action Forex
The Federal Open Market Committee (FOMC) recently initiated an easing cycle by reducing the fed funds target range by 50 bps to 4.75%-5.00% at...
Best Day of the Year for Stock Markets: Forexlive Analysis and Insights
According to Carson Investment Research, October 28 has historically been the best day of the year for the S&P 500. While daily averages may...
USD/JPY Forecast: Mid-Day Analysis and Outlook for Today – Action Forex
The USD/JPY pair is showing an upward bias during the day with minor support at 151.44 remaining intact. If the pair continues to trade...
Eurostoxx Futures Gain 0.4% in Early European Trading
Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to understand the risks involved, especially...