Tag: Trading strategies
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...
Weekly Trading Forecast: Key Events and Releases to Monitor
Stay informed about the upcoming economic events and speeches that could impact the financial markets this week. On Monday, June 24, at 3 AM...
Forexlive Americas FX News Wrap: USD Rises on Strong Flash S&P Data | 21...
The week ended on a soft note for US equities, with key events and releases to watch in the upcoming week. Gold saw a...
USD/JPY Forex Analysis: Heading Towards Danger Zone
USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
Eurozone PMI Data Causes EUR/USD Drop Below 1.0700
EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
NZD/JPY Price Analysis: Cross Extends Gains Above 97.00
The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross...
FX Option Expiries Forecast for June 20 NY Cut
FX option expiries for June 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below:- EUR/USD:
• 1.0600 -...
NZDUSD Technical Analysis: Price Approaching Key Support Level
The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end...
NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies
The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...