Tag: Price movement

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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...
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EURUSD Technical Analysis: Greenback Continues to Weaken | Forexlive

The US Dollar weakened last Friday due to a soft US NFP report that showed a cooling labor market. This led to an increase...
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GBPAUD Maintains Strong Support Level – Forex Analysis

GBPAUD has been showing a strong support level above 1.8900, preventing significant downward movements. Despite trading below a downward sloping trendline, the pair has...
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Is Gold Ready to Break Key Resistance Levels? – Action Forex

Gold is currently on the rise after finding support around the 2,450 zone recently. Despite this upward movement, gold is still trading within a...
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Weekly EUR/USD Forecast: Latest Analysis and Predictions for Traders

EUR/USD saw a strong rebound last week, indicating that the pullback from 1.0915 may have ended at 1.0665. The initial bias for the upcoming...
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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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Crude Oil Technical Analysis: Key Breakout Boosts Bullish Momentum

Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The...
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EURUSD Price Action Analysis: 4-Hour Chart MA Break and Swing Area Test

The EURUSD has experienced a downward rotation due to rising yields, despite weaker ISM data and a ruling in favor of Donald Trump by...
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EURUSD Price Analysis: Currency Pair Rebounds from 8-Week Low – Action Forex

EURUSD saw a slight rebound from an 8-week low as it traded within a range of 1.0665-1.0720. The moving averages showed a bearish crossover,...
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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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