Tag: Forex Market Analysis

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AUD/USD Forecast: Struggling to Sustain Gains Despite Strong Australian CPI – Action Forex

AUD/USD Forecast: Australian CPI Boosts Aussie But Gains StruggleThe AUD/USD pair reached a new 8-month high during the Asian session on Wednesday, fueled by stronger than expected Australian July CPI data. The currency pair...
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UK Inflation Data Week Ahead: Market Expectations and Impact on US Numbers

All eyes are on the upcoming US CPI report this week, but before that, the UK will also release its inflation data. Due to base effects, it is expected that the UK's headline annual...
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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...
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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...