Tag: Analysis

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...
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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...
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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-29072024-141824

Weekly Forex Market Outlook: 29th July – 2nd August

This week, there are several key events and data releases that will impact the forex market. Here's a rundown of what to expect:On Tuesday,...
news-29072024-140013

BEL reports 50% jump in Q1 net profit, stock surges 4%

Bharat Electronics Ltd., a Navratna defence PSU, saw a significant increase in its net profit for the first quarter of the financial year. The...
news-29072024-135704

UBS Reiterates Sell on Tesla; AI Optionality Impact

UBS has reiterated its sell rating on Tesla, citing concerns about the impact of AI optionality. The firm believes that Tesla's current valuation does...