Tag: Technical analysis

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-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-17102024-143430

AUDUSD Technical Analysis: Breakout or Fakeout Prediction | Forexlive

The US Dollar has been gaining strength this week despite lower Treasury yields and limited economic data. Stanley Druckenmiller suggested that the market may...
news-15102024-140401

NZDUSD Technical Analysis: Bearish Momentum Stalls

The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its...
news-11102024-124901

EURUSD Technical Analysis: Market Needs More for USD Gains | Forexlive

Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to...
news-10102024-124424

NZDUSD Technical Analysis: Greenback Support Ahead of US CPI

The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate...
news-09102024-122850

GBPUSD Price Action Analysis: US CPI Data Impact on Rangebound Trading | Forexlive

The USD saw a rise in value last Friday after a strong US NFP report. This caused the market to adjust its expectations for...
news-06102024-093331

EUR/USD Weekly Forecast – Action Forex

EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near...
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-13082024-134257

S&P 500 Technical Analysis: Growth Scare Fading | Forexlive

The S&P 500 saw a strong bounce last week after positive US Jobless Claims figures calmed fears about the labor market following a weak...