Tag: currency pair
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...
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...
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...
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,...
EUR/USD Rebounds Strongly on Improved Market Sentiment
The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This...
USD/JPY Daily Forecast: Latest Analysis and Trends – Action Forex
The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the...
USD/CHF Weekly Forecast: Latest Analysis and Predictions
The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above...
NZD/USD Price Analysis: Bearish Outlook as Bulls Face Resistance
The New Zealand Dollar (NZD) versus the US Dollar (USD) pair experienced a three-day losing streak, closing the week on a negative note with...
USD/JPY Weekly Forecast and Analysis – Action Forex
The USD/JPY pair saw a significant increase last week, rising from 151.68 to 159.81, showing no clear signs of a peak yet. The initial...
GBP/JPY Forecast: Weekly Analysis and Outlook for Traders
GBP/JPY continues its upward trend, reaching as high as 202.01 after a brief retreat. The initial bias for this week is on the upside,...