Tag: Forex Trading

news-04112024-021338

GBP/USD Forecast: Weekly Analysis and Predictions for Action Forex Traders

The GBP/USD pair saw a decline from 1.3433 last week, dropping to 1.2842 before bouncing back. The outlook for this week is uncertain, with...
news-29102024-163526

EUR/USD Analysis and Forecast: Key Updates and Trends – Action Forex

The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it...
news-22102024-031655

USD/JPY Rises Above 150: Verbal Intervention Threat

Mizuho mentioned in their weekly outlook that there is a threat of verbal intervention as USD/JPY rises above 150. This is definitely something to...
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-19102024-205913

USDJPY Analysis: Will Momentum Continue Below 200-Hour MA?

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on...
news-09102024-122816

NZD/USD Hits Seven-Week Low Amid Ongoing Sell-off and RBNZ Rate Cuts

The NZD/USD pair has recently hit a seven-week low at 0.6091 due to ongoing sell-off pressure. This decline is mainly linked to the Reserve...
news-04102024-115427

EUR/USD Three-Week Low: ECB Easing Expectations – Forex Market Update

The EUR/USD pair has dropped to 1.1027, hitting a three-week low due to expectations of the European Central Bank (ECB) continuing to ease monetary...
news-04102024-055309

USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report

The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with...
news-02102024-182443

NZDUSD Trades Towards Yesterday’s Low: Sellers in Action

The NZDUSD currency pair is currently on a downward trend, reaching new lows for the day and retesting the previous day's low around 0.6263....
news-23092024-183042

Forex Market Analysis at Sunset – Expert Commentary and Insights

Expert Analysis on the Current State of the Forex MarketThe European Monetary Union (EMU) economy is facing challenging times, as indicated by the recent...

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