Tag: Technical analysis
USDJPY Hits Lowest Level Since May 16 | ForexLive Trading Update
The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the...
Forex Market Analysis: EUR/USD and USD/CHF Trends – Action Forex
EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer...
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...
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...
Forex Trading vs. Futures Trading: Key Differences and Comparison
Entering the world of financial markets, investors often find themselves choosing between Forex and Futures trading. Both options have their own advantages and risks,...
EUR/USD Weekly Forecast: Analysis and Predictions for Traders
Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a...
Forexlive Weekly Market Outlook: 22-26 July
The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected...
Investing in FTSE China A50 Index (XIN9) on Monthly Chart | Expert Analysis
FTSE China A50 Index Futures (XIN9) are a popular choice for international investors looking to get involved in China's A-share market. These futures, traded...
Gold Price Forecast: XAU/USD Reaches All-Time High – Action Forex
Gold prices have surged to a new all-time high of $2482, with a significant increase of 1.9% in a single day - the largest...
AUDUSD Forecast: Pair Rebounds from Key Support | Forexlive
The US Dollar continues to face pressure as recent data shows strong growth alongside decreasing inflation. A positive US Retail Sales report indicates that...