Tag: Forex
Gold Price Forecast: Will Gold Continue to Rise? – Action Forex
Gold prices have been on the rise, reaching a new high above $2,788. The market is showing signs of a bullish trend, with a connecting trend line forming at $2,758 on the 4-hour chart....
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 to this week, the initial bias is neutral, suggesting a...
Decisive Week for USD: NFP, BoJ Meeting – Action Forex
This week is crucial for the US dollar as several key events are set to take place. The Federal Reserve has shifted to a more hawkish stance after cutting rates in September. Economic indicators...
US Election Risks Leave Aussie Unsettled – Forex Market Analysis
AUD/USD is starting the week on shaky ground, trading at its lowest levels in over five weeks in the mid-0.66s. This week's economic calendar is relatively light on both local and international fronts. However,...
USDJPY Analysis: Will Momentum Continue Below 200-Hour MA?
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....
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 for consolidations. However, the outlook will remain bearish as long...
Sunset Market Analysis: Actionable Insights for Forex Traders
The recent market analysis showed that the EUR/GBP spiked following the UK inflation numbers. However, despite the GBP weakness, the euro is not strong enough to capitalize on this situation. The UK yields dropped...
Bitcoin Price Prediction and Analysis for Forex Traders
The cryptocurrency market saw a 1% increase in the past 24 hours, reaching a total value of $2.28 trillion. Despite cooling off from local highs above $2.30 trillion, which were the highest in over...
Canadian Dollar struggles as Can. CPI release looms
The Canadian dollar has been struggling against the US dollar for the past ten trading days, dropping by 2.1% in October. Currently, USD/CAD is trading at 1.3811, showing a 0.11% increase in Tuesday's session. The...
Federal Reserve President Mester: Neutral Rate Higher than Before | Forexlive
Federal Reserve President Mester recently stated that the neutral interest rate is higher than before. This statement has significant implications for the financial markets and investors. The neutral interest rate, also known as the equilibrium...
