Tag: Forex trading strategies
GBPUSD Trading Range Forecast: 1.2900 – 1.3000 Key Levels – Action Forex
GBPUSD recently lost momentum as it approached the uptrend line, signaling a potential shift in the market. Although the pair broke the long-term ascending...
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...
AUD/USD Weekly Analysis and Forecast – Action Forex
The Australian dollar to US dollar (AUD/USD) pair continued its decline last week, dropping from 0.6941. The breach of the 0.6621 resistance level indicates...
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...
USD Breaks Key Resistance with 10-Year Yield Surge – Action Forex Analysis
The Dollar emerged as the clear winner in the currency markets last week, with both the Dollar Index and the 10-year US Treasury Yield...
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...
Warning: BoE’s Mann Predicts Prolonged Services Inflation – Action Forex
At a recent event, Catherine Mann, a member of the Bank of England's Monetary Policy Committee, discussed the challenges surrounding services inflation. According to...
Eco Data Analysis: Key Insights for Forex Traders 10/23/24
The latest Eco Data Analysis provides key insights for Forex traders to consider. Here is a breakdown of the recent economic events:1. CAD BoC...
Bears Eye Break Below Daily Cloud Base in Cable Consolidation – Action Forex
Cable, which refers to the British Pound against the US Dollar, is currently in a consolidation phase around the key support level of 1.30....
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...