Tag: Analysis
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...
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...
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,...
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...
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...