Tag: pullback
USD/JPY Forecast: Potential Pullback Ahead for Bulls – Action Forex
The USD/JPY pair experienced a rally above 149.20 before facing resistance from the bears. On the 4-hour chart, it traded below a significant bullish trend line with support at 149.35. Meanwhile, the EUR/USD saw...
GBP/USD Bulls Focus on Short-Term Pullback amid Consolidation – Action Forex
GBP/USD has been trading within a tight 30-pip range recently, showing signs of consolidation in the market. This comes as the focus shifts to upcoming US CPI and PPI data releases on Thursday and...
McDonald’s Financial Results Disappoint Amid Consumer Spending Decline
McDonald's, a well-known fast-food chain, recently announced its quarterly earnings and revenue, which fell short of analysts' expectations. The company reported earnings per share of $2.97 adjusted, lower than the expected $3.07, and revenue...