Tag: Action Forex

news-22102024-152114

Bears Eye Break Below Daily Cloud Base in Cable Consolidation – 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....
news-22102024-031625

Eco Data Forecast for October 22, 2024 – Action Forex

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...
news-21102024-090511

RBA’s Hauser Indicates No Immediate Rate Cuts Due to High Inflation – Action Forex

RBA Deputy Governor Andrew Hauser made it clear today that the central bank is not considering immediate rate cuts due to high inflation levels....
news-21102024-030402

AUD/USD Weekly Forecast: Latest Analysis and Updates by Action Forex

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,...
news-20102024-210318

Weekly Forecast: USD/CHF Price Analysis and Predictions

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...
news-20102024-150123

Weekly Forecast for GBP/USD – Action Forex

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...
news-20102024-090020

Weekly USD/JPY Forecast: Latest Analysis and Trends – Action Forex

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...
news-20102024-025936

Weekly EUR/USD Forecast: Market Analysis and Predictions

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...
news-19102024-205841

Dollar Continues Winning Streak Despite Momentum Slowdown – Action Forex

The Dollar continued to dominate as the strongest currency for another week, supported by expectations of gradual rate cuts by the Fed. The recent...
news-18102024-205356

Bank of Canada Announces Unprecedented 50 Basis Point Interest Rate Cut – Action Forex

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%....