Logo-color Logo-white

Early in this trading week, the dollar’s rise, likely influenced by Trump’s strong polling figures, has somewhat slowed. Based on technical analysis of major currency pairs, the market appears ready for a correctional pullback. However, the US election results could disrupt current patterns. EUR/USD Last week, EUR/USD found support around the 1.0760 level and rose […]

The post Euro and Pound Decline Amid US Election Anticipation appeared first on Action Forex.

previous

Trump in the Lead – House Control Still Up in the Air

next

USDJPY Cheers as Trump Leads Election Race

Read More

13/03/2024

CHF/JPY Technical: Potential Major Bullish Trend Exhaustion

The recent significant increase of a total of 20 bps in the 2-year JGB yield since the start of the year has come in line with the highly anticipated rosy results of the annual wage negotiations in Japan. In the past week, the JPY crosses have come under downside pressure as the carry trade strategy […]
30/01/2024

USD in Limbo as Market Anticipates Fed’s Decision

The EUR/USD currency pair is experiencing minimal fluctuations as it consolidates around 1.0840 this Monday. The focus of market players is squarely on the upcoming meeting of the US Federal Reserve System, which is poised to be the week’s pivotal event. The outcome of this meeting is highly anticipated, as the Fed will disclose whether […]
31/01/2024

Gold Price and Crude Oil Price Eye Additional Gains

Gold price started a decent increase above the $2,025 resistance level. Crude oil prices are gaining bullish momentum and might rise toward $82.00. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a decent increase from the $2,025 zone against the US Dollar. A connecting bullish trend line is forming with support […]