Logo-color Logo-white

Key Highlights EUR/USD started a fresh increase above the 1.1120 resistance. It cleared a major bearish trend line with resistance at 1.1135 on the 4-hour chart. GBP/USD extended gains and traded above 1.3300. Bitcoin climbed higher above the $62,500 and $63,200 resistance levels. EUR/USD Technical Analysis The Euro remained supported above the 1.1065 level against […]

The post EUR/USD Momentum Builds: Can It Go Higher? appeared first on Action Forex.

previous

NZDJPY Wave Analysis

next

PMIs Are Scheduled for Release

Read More

22/07/2024

Gold Wave Analysis

Gold reversed from resistance area Likely to fall to support level 2350.00 Gold recently reversed down from the resistance area located between the pivotal resistance level 2440.00 (which stopped the previous waves 3 and 5, as can be seen below) and the upper weekly Bollinger Band. The downward reversal from this resistance area is likely […]
30/11/2023

AUDJPY Wave Analysis

AUDJPY reversed from resistance level 98.40 Likely to fall to support level 96.00 AUDJPY currency pair recently reversed down from the long-term resistance level 98.40, which stopped the sharp weekly uptrend in the middle of 2022, as can be seen below. The resistance level 98.40 was further strengthened by the upper weekly Bollinger Band. Given […]
22/02/2024

S&P 500 (US500): Consolidates in Buying Zone. Watch for a Surge Towards 5000 Intraday

Bullish Scenario: Buying above 4980 with TP1: 4993, TP2: 5005, and TP3: 5014 (Intraday levels). TP (Swing Trading): 5031.90, 5045.66, and 5054. It is recommended to set a stop loss (S.L.) below 4965 or at least 1% of the account capital**. Bearish Scenario: Selling below 4960 with TP1: 4935, TP2: 0.6487, and TP3: 4924 (Intraday […]