Tag: New York

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EUR/USD Forecast: Mid-Day Analysis and Insights for Action Forex Traders

EUR/USD is currently trading within the range of 1.0330 to 1.0609. The short-term bias is neutral with a preference for further decline. A break...
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EURJPY Forecast: Bears Remain in Control – Latest Analysis and Updates

EURJPY has been experiencing a downward trend for the fourth consecutive week, showing signs of bearish control. After reaching the 159.00 level on Wednesday,...
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US Personal Income Rises 0.6% in October, Core PCE Inflation Reaches 2.8% Year-Over-Year

In October, personal income in the United States increased by 0.6% compared to the previous month, surpassing the expected 0.3% rise. This growth amounted...
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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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US 100 Index Rally Stalls: What’s Next for Traders?

The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment...
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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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December Rate Cut Debate: Analysis by Fed’s Kashkari – Action Forex

Minneapolis Federal Reserve President Neel Kashkari recently shared his thoughts on the upcoming December meeting, hinting at the possibility of a rate cut. In...
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Sunset Market Analysis: Actionable Insights for Forex Traders

The recent appointment of Scott Bessent as the US Treasury Secretary has had a significant impact on the bond market. Bessent has proposed a...
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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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Gold (XAUUSD) Elliott Wave Analysis: Next Leg Higher – Action Forex

Gold (XAUUSD) has been showing an interesting Elliott Wave pattern in the short term. The recent rally ended at 2790.07, marking the completion of...

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