Logo-color Logo-white

Key Highlights USD/JPY is attempting a fresh increase from the 141.65 support zone. A major bearish trend line is forming with resistance at 150.00 on the 4-hour chart. Oil prices might struggle to climb above the $76.60 resistance. EUR/USD corrected gains but the bulls seem to be active above 1.0850. USD/JPY Technical Analysis The US […]

The post USD/JPY In An Uphill Battle: Can It Push Higher? appeared first on Action Forex.

previous

Cliff Notes: Varied Assessments of Risk

next

GBPJPY Climb Continues

Read More

09/06/2024

Forex and Cryptocurrency Forecast

EUR/USD: Who Controls the Financial Market It is clear that interest rates rule the markets, not only in terms of actual changes but also regarding expectations about the timing and magnitude of future changes. From spring 2022 to mid-2023, the focus was on raising rates; now, the expectation has shifted towards their reduction. Traders are […]
12/12/2023

Swiss Franc Shines, Turns to SNB Decision for Fuel

SNB announces its decision at 08:30 GMT Thursday Markets pricing in 25% probability for a rate cut However, that’s unlikely to happen so soon Overall, outlook for Swiss franc remains positive Swiss economy slows The Swiss economy hit a road bump lately. Economic growth almost came to a standstill in the third quarter, printing just […]
04/04/2024

US Stock Market Awaits the Publication of NFP And Unemployment Data

Important events of this week for investors and traders in the US stock market could be the employment news, which will be published tomorrow at 15:30 GMT+3: → non-Farm Payrolls (NFP) report for March. According to CNN, analysts expect nonfarm payrolls to rise by 192,500 in March. NFP for February was 275,000, according to FactSet. […]