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Trump closes in on Harris’s lead in the polls Neck and neck race spurs market jitters Outcome still hinges on battleground states Trump narrows the gap The time for Americans to vote for a new president is drawing ever closer, but who will win on November 5 is looking a lot less certain now than […]

The post US Elections Update: The Race to White House Tightens appeared first on Action Forex.

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EURJPY: Trade Projection

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02/01/2024

GBPJPY Wave Analysis

GBPJPY reversed from support level 179.40 Likely to rise to resistance level 182.00 GBPJPY currency pair recently reversed up from the multi-month support level 179.40 (which has steadily reversed the pair from the start of July). The support level 179.40 was further strengthened by the lower daily Bollinger Band. Given the strength of the support […]
22/04/2024

Relief Before Earnings

The week starts with a relief rally in equities following a calm weekend on the geopolitical scene. The US 2-year yield pushes above 5% ahead of US GDP and PCE updates. Four of Magnificent 7 are due to report earnings this week. Oil under pressure following calm weekend US crude kicks off the week under […]
20/09/2024

USD/CAD Eyes Canadian Retail Sales

The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3573 at the time of writing, up 0.12% today. On the data calendar, Canada releases retail sales, while it’s an unusually quiet day in the US, with no releases. Canada’s retail sales expected to bounce back in July Canada’s retail […]