Tag: Action Forex
Eco Data Analysis: Key Insights for Forex Traders 10/23/24
The latest Eco Data Analysis provides key insights for Forex traders to consider. Here is a breakdown of the recent economic events:1. CAD BoC...
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....
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...
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....
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,...
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...
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...
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...
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...
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...