Logo-color Logo-white

Market picture On Sunday, the cryptocurrency market moved to a rapid rise, completing a consolidation after a correction. Cryptocurrencies positively played off the strengthening chances of Trump’s victory after the assassination attempt. In addition, buyers were clearly encouraged by how the market stood up to the roughly $2.9bn sell-off in bitcoin by German authorities. The […]

The post Bitcoin Has Surfaced Following a Dive appeared first on Action Forex.

previous

EURUSD Jumps to a Fresh 1-month High

next

GBP/USD Outlook: Cable Holding Near 1.3000 Barrier Ahead of Powell’s Speech

Read More

17/09/2024

Elliott Wave View on Nasdaq (NQ) Calling the Next Bullish Leg Has Started

Short term Elliott Wave view on Nasdaq (NQ) shows that rally from 8.5.2024 low is unfolding as a 5 waves impulse. Up from 8.5.2024 low, wave (1) ended at 20025.25. Pullback in wave (2) ended at 18338.45 with internal subdivision as a double three Elliott Wave structure. Down from wave (1), wave W ended at […]
17/01/2024

China Beats its 2023 Growth Target

In focus today This morning at 8:00 CET we get inflation data for December from the UK, where consensus expects both headline and core inflation to ease further on a yearly basis. Key will be how service inflation develops as this remains an important input for the Bank of England to determine underlying inflation pressures. […]
01/08/2024

Elliott Wave Intraday Analysis: USDJPY Correcting Larger Degree

Short Term Elliott Wave in USDJPY suggests that cycle from 7.3.2024 high is in progress as a double three Elliott Wave structure. Down from 7.3.2024 high, wave A ended at 155.37 and rally in wave B ended at 157.86. Wave C lower ended at 151.94 which completed wave (W) in higher degree. Pair then rallied […]