Blogs

EURCHF Bulls Could Find An Opening

Forex

<p><img width="533" height="306" src="https://www.actionforex.com/wp-content/uploads/2018/09/f-eur-chf3-e1614679012876.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionfor

Intraday Analysis – Gold Looks for Direction

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/01/08090231/Intraday-Analysis-Gold-Looks-for-Direction.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Intraday-Analysis-Gold-Looks-for-Direction" decoding="asyn

Potential Bullish Breakout

Forex

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 1.33726 which is a pullback resistance and could potentially break above this level; we could see momentum carry price up to its 1st resistance at 1.34879 which is a pullback resistance level.Alternative scenario:If price breaks below the pivot

Daily Market Outlook, January 8, 2024

Forex

Daily Market Outlook, January 8, 2024Munnelly’s Market Minute… In Asia, stocks experienced a gradual decline following a quiet start, influenced by post-data market volatility in the US and the absence of Japanese participants due to Respect for the Aged Day. The markets are eagerly anticipating key inflation data releases later this week. The Hang

GBPUSD M5 | Falling in the short term?

Forex

TitleGBPUSD M5 | Falling in the short term?TypeBearish ReversalPreference:Price is rising toward the pivot point at 1.27195 that aligns with the 50% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 1.2670, a pullback support level.Alternative scenario:If price breaks above the pivot, it might rise to 1st [&

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