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Markets The US payrolls added to recent evidence that the US labour market might be cooling. Headline June Job growth still printed at a solid 206k, but with a 111k downward revision for the previous two months. Wage growth (AHE) eased as expected (0.3% M/M and 3.9 % Y/Y from 4.1%). The jobless rate rose […]

The post France Election Outcome Mixed Bag for Euro appeared first on Action Forex.

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13/08/2024

NASDAQ (NQ_F) Nice Reaction Higher From Blue Box Area

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NASDAQ (NQ_F). We presented to members at the elliottwave-forecast. In which, the rally from the 13 October 2022 low unfolded as an impulse structure and showed a green right side tag. Suggested that the index should see […]
29/11/2023

USDCHF Wave Analysis

USDCHF broke key support level 0.8900 Likely to fall to support level 0.8700 USDCHF currency pair continues to fall inside the minor impulse wave 3, which previously broke the key support level 0.8900, coinciding with the 50% Fibonacci correction of the upward wave (B) from the end of July. The active impulse wave 3 belongs […]
15/02/2024

Ethereum Price Exceeds $2,800

The last time the ETH/USD price was at this level was in May 2022, which was the start of a massive drop of more than 65% in 1.5 months. However, now the ETH/USD market is dominated by bullish sentiment, for the following reasons: → deployment of the Dencun update on the Ethereum network this month, […]