Tag: Forex trading strategies

news-22102024-152114

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....
news-22102024-031625

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...
news-21102024-030402

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,...
news-20102024-150123

Weekly Forecast for GBP/USD – Action Forex

GBP/USD saw a slight decline last week to 1.2973 before bouncing back with the help of support around the 1.3000 mark. This led to...
news-20102024-025936

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...
news-17102024-023023

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...
news-16102024-202934

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...
news-16102024-142819

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...
news-15102024-140332

Canadian Dollar struggles as Can. CPI release looms

The Canadian dollar has been struggling against the US dollar for the past ten trading days, dropping by 2.1% in October. Currently, USD/CAD is...
news-14102024-074755

EUR/USD Forecast: Can the Pair Recover from 1.0900 Dive?

EUR/USD has seen a decline below the 1.1000 support zone recently. A bearish trend line is forming with resistance at 1.0945 on the 4-hour...