Tag: Forex market trends
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...
Eco Data Report 11/11/24 – Impact on Forex Trading
In the latest Eco Data Report released on 11/11/24, there are some significant events and figures that have impacted Forex trading. Let's take a...
EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex
The EUR/USD pair is showing a slightly upward bias during the day as it continues to rebound from the short-term bottom of 1.0760. However,...
Forexlive Americas FX News Wrap: Consumer Sentiment Rises, Market Sentiment Sags
The final consumer sentiment in the US for October came in at 70.5, beating expectations of 69.0. This positive news was accompanied by the...
Eco Data Forecast for October 22, 2024 – Action Forex
On October 22, 2024, there are several economic data releases to keep an eye on. Let's take a closer look at the forecasts and...
AUD/USD Weekly Forecast: Latest Analysis and Updates by Action Forex
The AUD/USD pair saw a slight decline to 0.6657 last week before recovering. This week, the initial bias remains neutral for some consolidation. However,...
USD/JPY Forecast: Updated Analysis and Price Predictions for Today
USD/JPY is currently in a phase of consolidation below the temporary peak of 149.97, leading to a neutral bias for the short term. The...
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...
EURUSD Technical Analysis: Market Needs More for USD Gains | Forexlive
Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to...
Understanding the NZDUSD Price Action: Watch This Video for Clarity
If you're finding it hard to understand what's going on with the NZDUSD price action, don't worry, you're not alone. Price action can be...