Tag: Finance
US 100 Index Rally Stalls: What’s Next for Traders?
The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment...
EUR/USD Mid-Day Analysis and Forecast – Action Forex
The EUR/USD mid-day analysis shows that the intraday bias remains neutral and the outlook is unchanged. While there may be more consolidations above the...
GBP/JPY Forecast: Daily Analysis and Updates – Action Forex
The GBP/JPY pair continues to show a bearish outlook with no change in sight. The corrective rise from 180.00 appears to have completed with...
Sunset Market Analysis: Actionable Insights for Forex Traders
The recent appointment of Scott Bessent as the US Treasury Secretary has had a significant impact on the bond market. Bessent has proposed a...
RBNZ Expected to Cut Rates Before US and Eurozone Inflation Updates
The Reserve Bank of New Zealand is gearing up for its last policy meeting of 2024, with expectations high for a rate cut of...
EUR/USD Hits New Low in 2023 – Forex Trading Analysis
The latest PMI figures were just released, and unfortunately, they were not as positive as analysts had hoped. Both the Flash Manufacturing PMI and...
Japan CPI Oct 2021: Overall Inflation Eases, Core-Core Rate Rises to 2.3%
Japan's latest inflation data for October showed a mix of both easing and rising price pressures. The core CPI, which excludes food prices, slightly...
EUR/AUD Forex Analysis: Mid-Day Update and Forecast
The EUR/AUD currency pair has been experiencing a downward trend, with the recent decline from 1.6598 to 1.6161 indicating a bearish bias. The intraday...
Gold (XAUUSD) Elliott Wave Analysis: Next Leg Higher – Action Forex
Gold (XAUUSD) has been showing an interesting Elliott Wave pattern in the short term. The recent rally ended at 2790.07, marking the completion of...
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...
BREAKING NEWS
HSBC: Top FX Bank in APAC for FX Markets
In the world of FX trading in Asia-Pacific (Apac), things are really heating up with volumes skyrocketing due to increased volatility. HSBC, a major...
