Tag: currency pair

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GBP/USD Price Analysis: Bulls Aim for Daily Close Above 1.2800

The GBP/USD pair experienced an increase of more than 0.20% following the release of the US jobs report for June. The data showed that...
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NZD/USD Forecast: Key Resistance at 0.6150 – UOB Group

The New Zealand Dollar (NZD) has the potential to retest the 0.6130 level, according to analysts at UOB Group. However, the major resistance at...
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Analyzing USD/JPY Pullback: Insights from Action Forex

The USD/JPY pair recently reached a new multi-year high at 161.95 before experiencing a correction. It dropped below a key bullish trend line with...
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USD/CAD Forecast: Price Approaching Lower Range Bound – Action Forex

USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum...
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USD/JPY Forecast: Key Level to Monitor is 163.00 Above 162.00

The US Dollar (USD) continues to show strength, with a potential test of the resistance at 162.00 on the horizon. If the USD manages...
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USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release

The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
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USDCHF Technical Analysis: Approaching Key Resistance Level

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps...
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USDJPY Price Analysis: Will USDJPY Break Above 160 Level? – Action Forex

USDJPY is currently trading below the critical 160 level with weak momentum. There are signs of overbought conditions, indicating that sellers may be waiting...
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EUR/USD Forecast: Latest Analysis and Updates – Action Forex

EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to...
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EUR/USD Forecast: Clearing 1.0760 Barrier Essential for Stronger Correction

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...

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Top 9 Questions for Upcoming Financial Earnings Report

**Top 9 Questions for Upcoming Financial Earnings Report**In a highly anticipated event, Wall Street's prominent financial giants, including Wells Fargo, Goldman Sachs, and BlackRock,...

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