Tag: Action Forex

news-09102024-001353

RBNZ Rate Decision: Impact on NZD/USD – Action Forex

The New Zealand dollar has been on a downward trend for the past six days, experiencing a 3.6% decrease in value during this time....
news-07102024-214059

Gold Price Rebounds as Buyers Return to Blue Box Area – Action Forex

Gold prices have seen a rebound as buyers returned to the blue box area, according to a technical blog analyzing the 1-hour Elliott Wave...
news-07102024-153954

RBNZ Policy Meeting: Will Interest Rates be Cut by 25 or 50 bps?

The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates...
news-07102024-033645

Eco Data Update: October 7, 2024 – Actionable Insights for Forex Traders

Here is the latest Eco Data Update for October 7, 2024, providing actionable insights for Forex traders. Let's take a look at the key...
news-06102024-213537

GBP/USD Weekly Forecast and Analysis – Action Forex

Last week, GBP/USD broke below the 1.3265 support level, indicating a short-term peak at 1.3433. This week, the initial bias suggests a downward trend...
news-06102024-153422

USD/JPY Forecast: Weekly Analysis and Predictions for Forex Traders

The USD/JPY pair has shown a strong rebound and broken through the 38.2% retracement level from 161.94 to 139.57 at 148.11. This indicates that...
news-06102024-093331

EUR/USD Weekly Forecast – Action Forex

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near...
news-05102024-152440

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

The USD/CHF pair saw a rebound from 0.8374 last week, breaking through the 0.8548 resistance level. This upward momentum is expected to continue this...
news-05102024-031926

European Central Bank Set to Cut Rates as Inflation Lowers

This week, there was a significant increase in the conflict in the Middle East as Israel attacked Hezbollah in Lebanon and Iran launched missiles...
news-04102024-211709

US Dollar Strengthens as Focus Shifts to CPI Inflation – Weekly Preview

The US dollar made a strong comeback this week due to positive economic data and safe haven flows after tensions in the Middle East....