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US core PCE inflation index could resume downtrend Fed may ask more evidence before cutting interest rates EURUSD trades near key support zone. Is it time for an upside reversal? Inflation could hit a new low in May Friday will see the release of the Fed’s favorite core PCE inflation measure at 12:30 GMT as the […]

The post Will Core PCE Inflation Persuade Fed to Cut Rates? appeared first on Action Forex.

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05/12/2023

EURUSD Fails to Surprise During 2023

EURUSD holds in trading range in weekly chart 50-week SMA acts as strong support RSI and stochastic suggest more losses As the year is coming to an end, EURUSD’s market price is holding slightly higher than at the beginning of 2023. The pair is consolidating within a consolidation area with upper boundary the 200-week simple […]
01/08/2024

WTT: Top Trade Ideas for August

For the month of August, I have my eyes set on three pairs for my swing trading opportunities during the course of the month. Asides these three, most of my other trade ideas will be executed on lower timeframes, and with more conservative targets in mind. Do note, as always, that these are my personal […]
15/12/2023

GBPAUD Wave Analysis

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