Tag: Action Forex
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...
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...
NZD/USD Hits Seven-Week Low Amid Ongoing Sell-off and RBNZ Rate Cuts
The NZD/USD pair has recently hit a seven-week low at 0.6091 due to ongoing sell-off pressure. This decline is mainly linked to the Reserve...
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....
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...
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...
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...
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...
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...
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...
BREAKING NEWS
Pimco and Vanguard Reduce FX Forwards Trading with BNP Paribas
Vanguard and Pimco Reduce FX Forwards Trading with BNP ParibasIn a surprising turn of events, two major players in the financial industry, Vanguard and...
