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...
Weekly USD/JPY Forecast: Latest Analysis and Trends – Action Forex
The USD/JPY pair experienced a decline from 161.94 to 151.93 last week before bouncing back after briefly breaking through the 151.98 resistance turned support...
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 Forecast: Mid-Day Analysis and Outlook – Action Forex
The EUR/USD pair continues to show a downward bias during mid-day trading, with the fall from the short-term top of 1.0947 expected to reach...
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...