Tag: Action Forex

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EURGBP Market Analysis: Weekly News Update (Oct 14 – Oct 18) – Action Forex

The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and...
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USD/CHF Forecast: Weekly Analysis & Predictions for Traders

The USD/CHF pair experienced some sideways movement recently, reaching 0.8611 before leveling off. This week, the initial bias is expected to remain neutral, with...
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GBP/USD Forecast: Weekly Analysis and Predictions for Traders

Last week, GBP/USD showed a decrease in downward momentum, despite a drop from the short-term high of 1.3433. This week, the initial bias remains...
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USD/JPY Weekly Forecast: Latest Analysis and Predictions

The USD/JPY pair saw a rise from 139.57 to 149.58 last week before moving sideways. The forecast for this week suggests a neutral bias...
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EUR/USD Weekly Forecast: Latest Analysis and Predictions

The EUR/USD pair experienced a drop from 1.1213 to 1.0899 last week before finding some support around the 1.0920 mark. This led to a...
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Canada’s Inflation Forecast: Continuous Decline Below 2% – Action Forex

Canadian inflation is expected to continue its decline below the Bank of Canada's 2% target, with falling energy prices in September likely pushing it...
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Gold Price Forecast for Q4: Expert Analysis and Predictions

Gold has been the shining star in the world of investments, outperforming other asset classes and providing protection against various risk events. In the...
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Fed’s Goolsbee Expects Close Calls on Rate Decisions Ahead – Market Outlook

Chicago Federal Reserve President Austan Goolsbee recently spoke to CNBC about the progress in controlling inflation and stabilizing the labor market in the last...
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Fed’s Williams Expects Gradual Shift Towards Neutral Policy – Action Forex

New York Fed President John Williams spoke today about the future direction of monetary policy, indicating that there will be a gradual shift towards...
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USDCHF Forecast: Bullish Outlook Ahead of US CPI Release

The USDCHF pair has shown a positive trend recently, reaching a six-week high of 0.8609 after finding support near the 50-day SMA. The technical...