Tag: Currency market trends
Dollar Forecast: Bulls Expected to Dominate 2024 – Action Forex
Dollar Forecast: Bulls Expected to Dominate 2024 - Action ForexIn the world of finance, a quiet holiday week is on the horizon,...
GBP/JPY Forecast: Key Levels to Watch – Action Forex
GBP/JPY Forecast: Key Levels to WatchIntraday bias in GBP/JPY remains neutral for consolidations above the 188.07 temporary low. Currently, the 55-day Exponential Moving Average...
EUR/USD Weekly Forecast: Latest Analysis and Predictions
The EUR/USD currency pair experienced a decline last week, dropping from 1.1213 to 1.0495 before bouncing back slightly. The initial bias for this week...
Dollar Strengthens on Fed Expectations and Risk Sentiment – Action Forex
The dollar strengthened in the currency markets despite US Treasury yields struggling to break through resistance levels last week. Investors adjusted their expectations for...
Dollar Risk of Extended Correction: Election Volatility Fade Implications
Last week, the global financial markets experienced significant volatility due to the US presidential election. Surprisingly, Donald Trump emerged as the winner, leading to...
EURUSD Price Analysis: Buyers Pushing to New Highs Near Resistance Cluster
The EURUSD continues to rise, despite the release of stronger services ISM non-manufacturing data today. Employment numbers have increased, while new orders and prices...
Dollar Dominance Pauses Pre-Election, Upside Potential Remains – Action Forex
The dollar, which has been dominating the currency markets recently, took a step back last week. However, this slight retreat doesn't necessarily mean that...
Sterling Falls as Market Uncertainty Surrounds Reeves’ Budget – Action Forex
Sterling experienced a significant drop overnight following the announcement of Chancellor Rachel Reeves' new budget. The currency's decline was accompanied by a decrease in...
GBP/USD Forecast: Weekly Analysis and Predictions for Traders
The GBP/USD pair experienced a drop from 1.3433 to 1.2906 last week, but managed to find a temporary low and make a recovery. This...
EUR/USD Weekly Forecast and Analysis – Action Forex
The EUR/USD pair experienced a decline last week, falling from 1.1213 to 1.0760 before showing signs of a temporary recovery. As we look ahead...