Tag: Trading

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Analyzing USD/JPY Pullback: Insights from Action Forex

The USD/JPY pair recently reached a new multi-year high at 161.95 before experiencing a correction. It dropped below a key bullish trend line with...
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Bitcoin Price Drops Below $56K After Mt Gox and German Police News | Forexlive

Bitcoin faced a significant drop in price, falling below $56,000 after reports of issues with Mt. Gox and German police involvement. This news has...
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Gold price outlook: Climbing towards two-week high with focus on US NFP

Gold prices are on the rise, moving closer to a two-week high as investors focus on the upcoming US Nonfarm Payrolls (NFP) report. The...
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USD/CAD Forecast: Price Approaching Lower Range Bound – Action Forex

USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum...
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Bitcoin Price Analysis: Plunges 4.5%, May Low and Mt Gox in Focus

Bitcoin's price has taken a hit, dropping by 4.5% recently. Many believe that this sudden drop is due to the distribution of 141,000 bitcoins...
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US Markets Closed for Holiday: Impact of DXY on OCBC

The US markets were closed for a holiday, and the impact of the US Dollar Index (DXY) on Oversea-Chinese Banking Corporation Limited (OCBC) was...
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Natural Gas Losses Bottoming Out Despite Seventh Day in Negative Territory

Natural Gas has been facing a losing streak for the seventh consecutive day, with prices continuing to drop. The reason behind this decline is...
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XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...
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Yen Hits Multi-Decade Lows, Euro Bounces Back, Dollar Remains Indecisive – Forex Market Update

Last week, the focus was on the Japanese Yen as it hit multi-decade lows, remaining the worst-performing currency. Despite the decline, Japanese authorities did...
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JP 225 Surges to 2-Month High – Latest Analysis and Forecast

The JP 225 index has been steadily rising recently, reaching its highest point since April 12th. Momentum indicators are showing a strong upward trend,...

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The Shift from ‘Great Resignation’ to ‘Great Stay’ Explained by Labor...

The U.S. job market has seen a significant shift from the 'great resignation' to the 'great stay,' a term coined by labor economists to...

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