Tag: Technical analysis

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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...
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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...
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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...
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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...
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Enhancing Trading Strategies: Finding Excitement Beyond the Sidelines

I am being careful with risky investments right now, but I can see reasons to be hopeful. Firstly, the Federal Reserve has shown its...
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Gold Price Forecast: Bullish Momentum Strengthens as Traders Await US Inflation Data

Gold prices saw a positive trend on Monday, continuing its recovery for the third consecutive day after a sharp decline last week. This increase...
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S&P 500 Bottom Forecast: Week of August 12th (Technical Analysis)

What a week it has been in the stock market! Despite the ups and downs, the S&P 500 managed to close at 5344, just...
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EUR/USD Forecast: Weekly Analysis and Predictions for Forex Traders

The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral...
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Forexlive Americas FX News Wrap: August 9 Weekly Review & Market Analysis

This week in the financial markets has been a rollercoaster ride, with US stock indices fighting to end on a positive note. Crude oil...
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GBP/JPY Forecast: Latest Analysis and Updates – Action Forex

The GBP/JPY pair continues to show a neutral bias for the day with a bearish outlook as long as the resistance at 190.48 remains...