Tag: Currency pair analysis
USD/JPY Forecast: Potential Pullback Ahead for Bulls – Action Forex
The USD/JPY pair experienced a rally above 149.20 before facing resistance from the bears. On the 4-hour chart, it traded below a significant bullish trend line with support at 149.35. Meanwhile, the EUR/USD saw...
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 towards the 1.3000 cluster support level, which represents a 38.2%...
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 term. This suggests that the currency pair may experience further...
Weekly Forex Market Analysis (23-27 September)
Weekly Forex Market Analysis (23-27 September)As we look ahead to the upcoming week in the forex market, there are several key events and data releases that traders should keep an eye on. From flash...
EUR/JPY Forecast: Weekly Analysis and Predictions – Action Forex
EUR/JPY Forecast: Weekly Analysis and Predictions - Action ForexThe EUR/JPY pair experienced a decline from 163.86 last week, extending even further before stabilizing at 155.45. This sideways movement has left the initial bias for...
EURUSD Technical Analysis for the New Trading Week | Forexlive
EURUSD Technical Analysis for the New Trading WeekAs we enter a new trading week, it is essential to assess the technical analysis of the EURUSD currency pair. However, before delving into the details, it...
RBNZ Focus Boosts New Zealand Dollar – Action Forex
The New Zealand dollar has strengthened at the start of the week, with NZD/USD trading at 0.6026 in the North American session, showing a 0.45% increase from previous levels.The Reserve Bank of New Zealand...
EUR/USD Forecast: Weekly Analysis and Predictions for Forex Traders
The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral at first. Although a deeper retreat is possible, the downside...
GBP/USD Mid-Day Analysis and Forecast – Action Forex
The GBP/USD pair is still trading in a range and the intraday bias remains neutral at the moment. If the resistance at 1.2863 holds, there is a likelihood of further decline. A break below...