Tag: Action Forex

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Brent Oil Price Surge Driven by Stock Market Demand – Analysis & Forecast

The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently,...
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Soft Retail Sales Impact on Fed Hawks’ Rhetoric – Actionable Insights for Traders

At the recent Fed meeting, Chairman Powell briefly mentioned consumer spending, but the focus was mainly on inflation and the Fed's dot plot. The...
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New Zealand Dollar Decline: Forex Market Analysis and Strategies

The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest...
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USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders

The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...
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EUR/USD Weekly Forecast: Key Analysis and Predictions

Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This...
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Forex & Cryptocurrency Forecast: Expert Analysis & Predictions

The past week in the world of Forex and cryptocurrency trading was filled with significant events and developments that impacted the markets. Let's take...

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news-02072024-143122

XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...