Tag: Forex market updates
Eco Data Analysis for October 29, 2024 – Action Forex
The Eco Data Analysis for October 29, 2024, provided insights into various economic indicators across different countries. Here is a breakdown of the data:-...
GBPUSD Forecast: Will the Pound See Another Surge? – Action Forex
GBPUSD has been on a downward trend for the past four weeks, dropping below the 1.3000 mark and hitting a new low of 1.2943....
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,...
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...
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...
EURGBP Market Analysis: Weekly News Update (Oct 14 – Oct 18) – Action Forex
The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and...
GBP/USD Forecast: Weekly Analysis and Predictions for Traders
Last week, GBP/USD showed a decrease in downward momentum, despite a drop from the short-term high of 1.3433. This week, the initial bias remains...
Canadian Jobs Report Boosts Markets, CAD Slides for Eighth Consecutive Day
Friday saw a boost in the markets after the Canadian September employment change exceeded expectations with an increase of 46.7K jobs. This positive news...
NZDUSD Technical Analysis: Greenback Support Ahead of US CPI
The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate...
Eco Data Update: October 7, 2024 – Actionable Insights for Forex Traders
Here is the latest Eco Data Update for October 7, 2024, providing actionable insights for Forex traders. Let's take a look at the key...