Logo-color Logo-white

Swiss National Bank (SNB) decision anticipated, markets split on 25 or 50 basis point rate cut. Strong Swiss Franc pressures exporters, raising expectations of FX intervention. SNB’s comments on Franc and intervention will be key to future price movements. SNB Preview: FX Intervention Ahead? Market participants are awaiting the next major Central Bank decision which […]

The post Swiss National Bank (SNB) Preview – FX Intervention Chatter, USD/CHF Eyes Range Breakout appeared first on Action Forex.

previous

Australia’s Inflation Falls to 3-Year Low, Aussie Dips Lower

next

Another Record for the US 500 Index

Read More

09/10/2024

Nasdaq-100 Wave Analysis

Nasdaq-100 reversed from support zone Likely to rise to resistance level 20340.00 Nasdaq-100 index today reversed up from the support zone located between the pivotal support level 19680.00 (former top of wave b from the start of September) intersecting with the 20-day moving average. The upward reversal from this support zone stopped the previous short-term […]
05/04/2024

BTC/USD Analysis: Bearish Arguments Become More Convincing

On March 18, we wrote about the activation of bears near the USD 70,000 level and the likelihood of consolidation forming near this psychological mark. On March 25, we wrote that anxiety remains in the Bitcoin market. Technical analysis of the BTC/USD chart with new data on the behavior of Bitcoin prices today relative to […]
08/01/2024

EUR/USD Attracts Some Buyers to Mid-1.0900s, Investors Await Eurozone Retail Sales Data

EUR/USD holds positive ground near 1.0948 despite the rebound of USD. US Nonfarm Payrolls (NFP) increased by 216,000 jobs in December from 173,000 in November. German Retail Sales for November came in worse than expected, falling to 2.4% YoY vs. a -0.1% drop prior. German Trade Balance and Eurozone Retail Sales for November are due […]