Tag: Technical analysis
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...
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...
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...
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...
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...
Sunset Market Analysis and Insights – Action Forex
Global core bonds saw some gains ahead of the release of US retail sales data. UK gilts performed slightly better than Bunds and Treasuries...
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...
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....