Logo-color Logo-white

Market picture Bargain hunters are showing themselves in full force in crypto. Cryptocurrency market capitalisation rose 3.6% in 24 hours to $2.11 trillion, climbing back to the top of the range of the past five days. It will take the market to rise another 2% before we can say that the bear attack has been […]

The post Crypto Bargain-Hunters Are Back appeared first on Action Forex.

previous

We Expect Fed Chair to Hold a Mildly Dovish Tone

next

Pound Preparing for Bullish Breakout

Read More

29/08/2024

EURCHF Wave Analysis

EURCHF broke support level 0.9400 Likely to fall to support level 0.9250 EURCHF currency pair is falling inside the minor impulse wave iii which started earlier from the pivotal resistance level 0.9550 (former support from April). The pair today broke the support level 0.9400 – which should add further pressure on this currency pair. Given […]
30/12/2023

Forecast 2024: Bitcoin Yesterday, Tomorrow, and the Day After

The main question, just a few years ago, was when the crypto bubble would burst. Over time, bitcoin gradually earned its place in the minds and portfolios of traders and investors. Competing actively with physical gold and other investment and defensive assets, digital gold emerged as a formidable contender. In the past year, the merits […]
23/08/2024

Being Data-Dependent in an Uncertain World

The RBA Board is uncertain, including about the staff’s judgements about demand and supply. But is being data-dependent any better? Much has been made of the number of times the word ‘uncertainty’ or its variants appeared in the minutes of the RBA Board meeting in August. Perhaps more noteworthy was the increase in the number […]