Tag: Forex trading strategies

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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...
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Sunset Market Analysis: Latest Updates and Trends in Forex Trading

The focus in the markets shifted to Europe as US markets were closed for Thanksgiving. Inflation data from Belgium, Spain, and Germany was released...
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Forex Market Analysis: Sunset Market Commentary Guide

The European Central Bank (ECB) Executive Board member Isabel Schnabel has expressed a cautious stance on the current accommodative monetary policy. Despite the recent...
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EUR/USD Mid-Day Analysis and Forecast – Action Forex

The EUR/USD mid-day analysis shows that the intraday bias remains neutral and the outlook is unchanged. While there may be more consolidations above the...
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EUR/USD Hits New Low in 2023 – Forex Trading Analysis

The latest PMI figures were just released, and unfortunately, they were not as positive as analysts had hoped. Both the Flash Manufacturing PMI and...
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Eco Data Analysis and Forecast for November 19, 2024

On November 19, 2024, various economic events took place around the world. Let's take a closer look at the data and forecasts for the...
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EUR/USD Daily Forecast: Latest Analysis and Updates from Action Forex

The EUR/USD pair is currently experiencing a neutral bias for the day, with a possibility of more consolidations. However, the overall outlook remains bearish...
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Key Trump Trades for Nov 18: Actionable Insights – Action Forex

President-elect Donald Trump has started forming his administration by meeting with outgoing President Joe Biden at the White House. This meeting symbolizes a peaceful...
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EUR/USD Weekly Forecast: Latest Analysis and Predictions

The EUR/USD currency pair experienced a decline last week, dropping from 1.1213 to 1.0495 before bouncing back slightly. The initial bias for this week...
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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...