Tag: Analysis
XAUUSD Price Action Analysis: Rebounding Effectively from Key Support Zone
In this technical analysis, we will discuss the recent performance of XAUUSD based on 1-hour Elliott Wave Charts. The price action has shown a...
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...
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...
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...
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...
Understanding the NZDUSD Price Action: Watch This Video for Clarity
If you're finding it hard to understand what's going on with the NZDUSD price action, don't worry, you're not alone. Price action can be...
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...