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<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-eur-cad1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>In this technical blog, we are

<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-usa4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>US ISM Services PMI

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-fed3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>Minneapolis Fed President Neel Kashkari argued in a

<p><img width="509" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-usd54.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>Dollar’s robust rally

<p>The RBA decision is about five hours away and Australian dollar bulls could certainly use a lifeline. Unfortunately, I don't see many paths today that. No change in the 4.35% cash target is coming today and I can't imagine some kind of shift back to rate hikes.</p><p>The market is pricing in fractional chance of a [&h

<p>It's RBA so eyes are on the Australian dollar as it traded to the lowest since November 17 today.</p><p>A fair bit of that is US dollar outperformance but the Aussie is also lower this year against the euro and Canadian dollar, while only eeking out a tiny gain against the struggling yen.</p><p>The drag is obvi

<ul><li><a href="https://www.forexlive.com/news/us-stocks-close-lower-declines-led-by-the-dow-30-20240205/">Newton US stocks close lower. Declines led by the Dow 30</a></li><li><a href="https://www.forexlive.com/news/us-banks-in-q4-reported-tighter-lending-standards-to-households-20240205/"

<p>It's RBA day. The decision will come at 2230 ET (2:30 pm Sydney time) and no change from the 4.35% cash rate is expected now or for awhile.</p><p>Before that, we will have some notable data with Japanese December household spending out at 1830 ET (830 am in Tokyo) and expected to contract 2.1% y/y but […]

<p>The major US stock indices are all closing lower after the Dow and S&amp;P closed at record levels on Friday.The Dow losses are led by McDonald's and 3M declines of -3.65% and 2.25% respectively. Higher yields was a catalyst for the declines. The US 2-year yield is up 10.8 basis points. A 10 year yield […]

<p>The NZDUSD sellers have taken the price of the pair below the 100 day MA at 0.60625 as well as a swing level at the same area. </p><p>In this video I outline the technicals in play for the pair as the sellers are making a new play in the pair. </p><p>Can they keep that control […]