Logo-color Logo-white

In this article we’re going to take a quick look at the Elliott Wave charts of Bitcoin BTCUSD published in members area of the website. As our members know BTCUSD is showing impulsive bullish sequences in the cycle from the 52598 low , that are calling for a further strength. Recently we got a pull […]

The post Bitcoin BTCUSD Gained 50% from Our Buying Zone – Here’s How We Did It appeared first on Action Forex.

previous

Bank of Canada to Cut Interest Rates Again by 50 Basis Points

next

US Treasuries’ Outperformance vs German Bunds Didn’t Help EUR/USD

Read More

11/06/2024

Aussie Edges Lower as Business Confidence Slips

The Australian dollar has declined by 0.28% on Tuesday. AUD/USD is trading at 0.6600 in the European session, down 0.16% on the day. On the data calendar, Australian NAB business confidence was weak and there are no economic releases out of the US. Australian business confidence falls to six-month low Australia’s NAB business confidence index […]
21/02/2024

EURJPY Wave Analysis

EURJPY broke resistance level 161.80 Likely to rise to resistance level 164.00 EURJPY currency pair continues to rise steadily after the price broke the resistance level 161.80 (which stopped the previous minor impulse wave 1 in the middle of January). The breakout of the resistance level 161.80 accelerated the active short-term impulse wave iii of […]
15/06/2024

The Weekly Bottom Line: The Data Will Light the Way

U.S. Highlights In a widely expected move, the Federal Reserve held the policy rate steady in the target range of 5.25%-5.5%. FOMC participants now expect fewer rate cuts this year, with the median projection showing just one cut by year-end (previously three). Consumer Price Index (CPI) inflation came in weaker than expected in May, with […]