Tag: Action Forex

Cable, which refers to the British Pound against the US Dollar, is currently in a consolidation phase around the key support level of 1.30....

On October 22, 2024, there are several economic data releases to keep an eye on. Let's take a closer look at the forecasts and...

RBA Deputy Governor Andrew Hauser made it clear today that the central bank is not considering immediate rate cuts due to high inflation levels....

The AUD/USD pair saw a slight decline to 0.6657 last week before recovering. This week, the initial bias remains neutral for some consolidation. However,...

USD/CHF saw a continuation of its rebound last week, with no clear signs of completion yet. The initial bias remains on the upside this...

GBP/USD saw a slight decline last week to 1.2973 before bouncing back with the help of support around the 1.3000 mark. This led to...

Last week, USD/JPY saw a slight increase in value despite a decrease in upside momentum. The 4-hour MACD indicator showed this trend. Analysts predict...

EUR/USD saw a decline from 1.1213 last week, but managed to bounce back after reaching 1.0810. The initial bias for this week remains neutral...

The Dollar continued to dominate as the strongest currency for another week, supported by expectations of gradual rate cuts by the Fed. The recent...

The Bank of Canada made an unexpected move by cutting interest rates by 50 basis points, bringing the overnight rate to 3.75% from 4.25%....