Tag: Outlook

news-25102024-094627

Euro vs. US Dollar Outlook: Analyzing Divergence and Impact on Forex Trading

Stock markets in both Europe and the US saw positive movements on Thursday following some strong earnings reports. Companies like Hermes, Barclays, Unilever, Renault, Tesla, and UPS posted good results, leading to a boost...
news-18102024-085229

USD/CHF Daily Forecast: Key Analysis and Updates for Traders

The USD/CHF pair continues to show an upward bias in trading as the rise from 0.8374 is ongoing. If there is a sustained break above the 38.2% retracement level of 0.9223 to 0.8374 at...
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 expectation is for a continuation of the rally as long...
news-06102024-213537

GBP/USD Weekly Forecast and Analysis – Action Forex

Last week, GBP/USD broke below the 1.3265 support level, indicating a short-term peak at 1.3433. This week, the initial bias suggests a downward trend towards the 1.3000 cluster support level, which represents a 38.2%...

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