https://www.actionforex.com/feed/
-
![]()
Moody’s Downgrade on China Weighs on Commodity Currencies, AUD Leads DeclineCommodity currencies, particularly Australian Dollar, are experiencing notable selling pressure today. However, it should be noted that...
-
![]()
ECB’s de Guindos warns against early celebration of inflation slowdownECB Vice-President Luis de Guindos acknowledged the recent slowdown in CPI, which eased to 2.4% last month, describing it as “a positive...
-
![]()
Crude Oil Can Resume to 70-72 SupportOn a daily chart, we see a drop in crude oil from 130 area as a five-wave move within wave A that bottomed at 62 – 57 support area. It...
-
![]()
EUR/JPY: Completion of Failure Swing Pattern to Signal Deeper PullbackEURJPY remains in red and holding near three-week low on Friday, on track for the first weekly loss in five week and the biggest drop since...
-
![]()
Hesitant Dollar Sellers In Search of Clear Signals for Further ActionThe forex markets today are characterized by a lack of decisive direction. Dollar remains generally weak, yet there seems to be a reluctance...
-
![]()
EURJPY Starts a New Bearish WaveEURJPY turns down after 15-year high, faces weakening bias Immediate support could develop within 160.35-161.00 region EURJPY traders engaged...
-
![]()
EUR/USD: Bulls Hold Grip ahead of FOMC MinutesEURUSD continued to benefit from growing expectations of an end of Fed’s tightening cycle and talks about rate cuts and hit new multi-week...
-
![]()
Yen Jeeps Sinking, Will Tokyo Intervene Again?Japanese yen loses over 13% this year as interest rate differentials widen Risk of another round of FX intervention is rising, but where...
-
![]()
Sterling and Aussie Bounce Back from Recent Lows, Euro Sees Downside RiskThere’s a noticeable lack of a unifying theme in the forex markets today, largely attributed to an empty economic calendar across...
-
![]()
Dollar Facing Headwinds, Swiss Franc ReboundingDollar making efforts to continue this week’s rebound, but momentum appears to be lacking, except against Yen. Additionally, its ascent...
-
![]()
Gold in CorrectionGold came under pressure this week, losing around 1.4% and retreating to $1966. This drops below previous local lows, forming a short-term...
-
![]()
European Majors Show Show Strength after Sentix Data, Aussie ConsolidatesEuropean majors are maintaining their upward momentum against the Dollar, leveraging last week’s rally and finding additional support...
-
![]()
US 10-Year Yields Dip Following Treasury Auction Plan, Eyes on FOMC DecisionUS 10-year yields is seeing a notable drop after Treasury unveiled its auction plan. In a closely monitored move, the department announced a...
-
![]()
EUR/JPY Technical: Bulls in Hesitant Mode Again as ECB LoomsThe price actions of the EUR/JPY have shaped the expected minor slide toward the highlighted support of 155.90 as mentioned in our previous...
-
![]()
USDJPY Rebounds After Brief Bearish EpisodeUSDJPY skids, slipping below moving averages in 4-hour chart But selloff is already fading and rebound underway Bigger picture remains neutral...
-
![]()
EUR/USD: Recovery Loses Traction after Weak PMI’s Hurt Fresh Bullish SentimentEURUSD edged lower on Tuesday after three-day recovery acceleration faced increased headwinds on approach to psychological 1.0700 barrier,...
-
![]()
Geopolitical Conflicts Unravel A Week of Turmoil and its Domino RepercussionsAs geopolitical tensions rise, the financial markets are inundated with heightened volatility and uncertainty. The bond market is particularly...
-
![]()
Will Natural Gas Futures Shift to a Bull Market?Natural gas futures reach caution area Market structure sends encouraging signals Natural gas futures (November delivery) have been gently...
-
![]()
Mighty Dollar Turns to US Inflation Data and Fed MinutesDollar stabilizes ahead of FOMC minutes and US inflation report Inflation expected to cool further – is the Fed done raising rates?...
-
![]()
US ADP employment rises only 89k, wages growth slowsUS private sector witnessed a notable slowdown in employment growth last month, as revealed by the ADP’s latest report. A mere addition...
-
![]()
Promising Inflation Data ahead of Friday’s Eurozone HICP ReleaseAnother mixed session in Europe on Thursday with US futures pointing to a similar open on Wall Street despite some promising inflation figures...
-
![]()
WTI’s Rally May Recharge Near $93Global markets are in sell-off mode, but oil has quickly recovered and is rising for the second day after a shallow correction. The dollar...
-
![]()
AUDUSD Found Sellers After Elliott Wave Double Three PatternHello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of AUDUSD forex pair published in...
-
![]()
GBP/USD: Weak UK Economic Data Add to Cable’s Negative OutlookBears tightened grip on Friday, offsetting initial positive signal of Thursday’s long-tailed daily candle, formed on post-BoE dip and...
-
![]()
PBOC cuts reserve requirement ratio to release CNY 500B liquidityPeople’s Bank of China slashed the Reserve Requirement Ratio for a majority of banks by 25bps today. This marks the second such reduction in...
Top Articles
-
![]()
What is Foreign Invested Enterprise (FIE) ?What is Foreign Invested Enterprise (FIE) ? Have you heard of Foreign Invested Enterprise concept for global businesses ? This...
-
![]()
Dash 2 Trade (D2T/USD) Reaches $0.0048 Resistance Again; Bull Market Appears Strong in Overcoming ResistanceGet the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade On November 19, a resistance level was established...