Tag: Forex trading signals
Weekly Forex Market Summary: December 23rd – December 27th
Weekly Forex Market Summary: December 23rd - December 27thThe past week in the foreign exchange market was filled with notable events and announcements that impacted various currencies worldwide. Let's delve into a detailed breakdown...
Weekly Forex Market Summary: December 9th – December 13th
Weekly Forex Market Summary: December 9th - December 13thIn the fast-paced world of forex trading, staying updated on market events is crucial for making informed decisions. Let's dive into the weekly summary of key...
GBPUSD Wave Analysis: Forecast, Trends, and Strategies – Action Forex
GBPUSD saw a turnaround from the support level of 1.2500 and is likely to move up towards the resistance level of 1.2720. The currency pair has been on an upward trend after bouncing back...
EUR/USD Forecast: Mid-Day Analysis and Insights for Action Forex Traders
EUR/USD is currently trading within the range of 1.0330 to 1.0609. The short-term bias is neutral with a preference for further decline. A break below 1.0330 would signal a continuation of the downtrend from...
EURJPY Forecast: Bears Remain in Control – Latest Analysis and Updates
EURJPY has been experiencing a downward trend for the fourth consecutive week, showing signs of bearish control. After reaching the 159.00 level on Wednesday, the currency pair retraced more than half of its September-October...
AUD/USD Weekly Analysis and Forecast – Action Forex
The AUD/USD pair continued its decline last week, falling from 0.6491. This week, the initial bias remains on the downside, with a target of 0.6421, which is the 61.8% projection of the move from...
EURUSD Price Analysis: Buyers Pushing to New Highs Near Resistance Cluster
The EURUSD continues to rise, despite the release of stronger services ISM non-manufacturing data today. Employment numbers have increased, while new orders and prices paid have decreased. The ongoing election voting is still underway,...
Dollar Dominance Pauses Pre-Election, Upside Potential Remains – Action Forex
The dollar, which has been dominating the currency markets recently, took a step back last week. However, this slight retreat doesn't necessarily mean that the upward momentum of the greenback is over. It seems...
Sunset Market Analysis: Actionable Insights for Forex Traders
Sunset Market Analysis: Understanding Forex Trading TrendsIn the ever-changing world of trading, central banks play a crucial role in determining market trends. With a strong focus on data, each economic figure has the potential...
Eurostoxx Futures Gain 0.4% in Early European Trading
Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to understand the risks involved, especially when leverage is used, as it can increase the potential...