Tag: Action Forex
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
EUR/USD Weekly Forecast: Latest Analysis and Predictions
The EUR/USD pair experienced a dip to 1.0825 last week but has since been moving sideways. The initial bias for this week remains neutral,...
EUR/USD Daily Forecast: Expert Analysis and Predictions for Forex Traders
The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from...
Eco Data Analysis and Forecasting – Action Forex
The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for...
EUR/JPY Forecast: Plunges to 5-Week Low on BoJ Rate Hike Signals
EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank...
AUDUSD Price Analysis: Breaks Below Key Support at 0.6690 – Action Forex
AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is...
US Economic Data Preview: GDP and PCE Inflation Ahead of July FOMC
The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of...
July FOMC Blackout Period: Flashlight Tips for Traders – Action Forex
Congress has given the Federal Reserve a dual mandate to focus on "maximum employment" and "price stability." In recent years, the focus has been...
EUR/USD Weekly Forecast: Analysis and Predictions for Traders
Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a...
Upcoming Economic Events: Flash PMIs, US GDP, and BoC Decision – Action Forex
Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions....