Tag: currency pair

news-24072024-180333

EUR/USD Rebounds as Eurozone PMI Data Disappoints – Action Forex

The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a...
news-23072024-091342

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...
news-23072024-030738

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...
news-20072024-215202

Weekly Outlook: GBP/USD Forecast and Analysis

Last week, GBP/USD saw a rise to 1.3043 before pulling back. This week, the initial bias is neutral as the currency pair looks to...
news-18072024-141834

AUDCAD Uptrend Analysis and Forecast – Action Forex

AUDCAD saw a bounce today from just above the 0.9270 support level, which indicates positive momentum. The pair has been consistently forming higher highs...
news-18072024-011959

USDJPY Technical Analysis: Key Breakout Boosts Bearish Momentum

The USDJPY pair continues to show bearish momentum as the USD remains weak due to resilient US growth and falling inflation. Despite concerns about...
news-16072024-011031

EURJPY Pulls Back from 32-Year High: Forex Trading Update

EURJPY recently hit its highest level since January 1992 but faced a pullback following suspected intervention from Japan. Despite this correction, the pair is...
news-14072024-233342

USD/CAD Forecast: Daily Analysis and Updates – Action Forex

The USD/CAD pair has shown some interesting movements recently, with a break of the 1.3652 resistance level indicating a possible short-term bottom at 1.3588....
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USD/CHF Weekly Forecast: Latest Analysis and Trends – Action Forex

The USD/CHF pair experienced a decline from 0.9049 last week, despite a temporary recovery. It was anticipated that the bounce back from 8825 would...
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USD/JPY Weekly Forecast: Latest Analysis and Trends

The USD/JPY pair experienced a significant drop last week, indicating a short-term peak at 161.94. The presence of bearish divergence in the D MACD...

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