Tag: Currency pairs

Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to speculation that the Bank of Japan (BoJ) may hike its...

The global markets were influenced by the ongoing conflict in Ukraine, with concerns rising about a potential escalation. European equities and yields experienced a significant drop, leading to a risk-off sentiment in the market....

The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it managed to stay above the temporary low of 1.0760. At...

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on the hourly chart, which is seen as a small negative....

There is only one FX option expiry worth noting on this day, which is at the 1.0850 level for the EUR/USD pair. Although this level may not align with any significant technical levels, the...

I am being careful with risky investments right now, but I can see reasons to be hopeful. Firstly, the Federal Reserve has shown its support recently, which is a positive sign. Secondly, while there...

ActionForex.com has been a trusted source of insightful analysis for forex traders since 2004. Our goal has always been to empower individual traders with the information they need to make informed decisions in the...

The GBP/JPY pair continues to show a neutral bias for the day with a bearish outlook as long as the resistance at 190.48 remains intact. If the price falls below the minor support level...

GBP/USD has started a fresh decline from the 1.2860 resistance zone, indicating bearish signs below the 1.2800 support level. On the hourly chart of GBP/USD at FXOpen, there is a key bearish trend line...

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, Switzerland will release the KOF economic barometer, and the U.S....