Tag: Currency pair analysis

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AUD/USD Recovery Faces Headwinds: Upside Still Restricted – Forecast and Analysis

The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back...
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USD/JPY Forecast: Mid-Day Analysis and Outlook – Action Forex

The USD/JPY pair continues to trade in a range, with the intraday bias remaining neutral. It is anticipated that there will be another increase...
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GBPUSD Forecast: Will the Pound See Another Surge? – Action Forex

GBPUSD has been on a downward trend for the past four weeks, dropping below the 1.3000 mark and hitting a new low of 1.2943....
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Forexlive Weekly Market Outlook: 21-25 October

This week, various significant events are expected to take place that could impact the global market. Here is a breakdown of what to look...
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Weekly Forecast for GBP/USD – Action Forex

GBP/USD saw a slight decline last week to 1.2973 before bouncing back with the help of support around the 1.3000 mark. This led to...
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Weekly EUR/USD Forecast: Market Analysis and Predictions

EUR/USD saw a decline from 1.1213 last week, but managed to bounce back after reaching 1.0810. The initial bias for this week remains neutral...
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NZDUSD Technical Analysis: Bearish Momentum Stalls

The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its...
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EURGBP Market Analysis: Weekly News Update (Oct 14 – Oct 18) – Action Forex

The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and...
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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...
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EURUSD Technical Analysis: Market Needs More for USD Gains | Forexlive

Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to...