Tag: Analysis

news-15102024-015744

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...
news-14102024-014604

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...
news-13102024-194522

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...
news-13102024-070403

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...
news-13102024-010249

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...
news-10102024-184527

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...
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...