Tag: Forex trading signals
GBP/USD Forecast: Weekly Analysis and Predictions for Traders
The GBP/USD pair experienced a drop from 1.3433 to 1.2906 last week, but managed to find a temporary low and make a recovery. This week, the initial bias suggests a neutral outlook for consolidations....
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...
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. Technical indicators show that there is still a strong selling...
European FX Market Update: Volatile Trading Due to Lack of Catalysts | Forexlive
The European FX market saw a bit of a slow start today, with stocks edging lower in the morning trade. Major currencies didn't show much movement either. Bonds were in focus as there wasn't...
Forexlive Weekly Market Outlook: 21-25 October
This week, various significant events are expected to take place that could impact the global market. Here is a breakdown of what to look out for:Monday: People's Bank of China (PBoC) is anticipated to...
Dollar Continues Winning Streak Despite Momentum Slowdown – Action Forex
The Dollar continued to dominate as the strongest currency for another week, supported by expectations of gradual rate cuts by the Fed. The recent rate cut from the ECB also gave the greenback a...
USD/JPY Price Drops Today But Buyers Maintain Control | Forexlive Trading Analysis
The USD/JPY price experienced a slight drop today, but buyers are still in control of the situation. Looking at the near-term chart, a 30 pip drop earlier may not seem significant. According to a...
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 expectation is for a continuation of the rally as long...
GBP/USD Falls Below 1.30 on Weak Inflation Report
The British pound experienced some movement on Wednesday after a period of stagnation. During the European session, GBP/USD was trading at 1.2992, showing a decrease of 0.62% for the day. This drop caused the...
NZDUSD Technical Analysis: Bearish Momentum Stalls
The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its expectations for aggressive rate cuts and is now in line...