Logo-color Logo-white

GBPCHF reversed from support level 1.1000 Likely to rise to resistance level 1.1125 GBPCHF recently reversed up from the round support level 1.1000, lower boundary of the sideways price range inside which the pair has been trading from the start of November. The support level 1.1000 was strengthened by the lower daily Bollinger Band and […]

The post GBPCHF Wave Analysis appeared first on Action Forex.

previous

Markets Daily

next

EURNZD Wave Analysis

Read More

02/07/2024

Sunset Market Commentary

Markets The pace of Eurozone inflation remained steady at 0.2% M/M in June. The outcome was in line with consensus as could be expected following earlier national prints. The Y/Y-figure slowed from 2.8% to 2.5%. Core inflation rose somewhat faster (0.3% M/M), but this was the slowest pace since January (steady Y/Y at 2.9%). Services […]
13/12/2023

Crypto Continued Retreat

Market picture The total capitalisation of cryptocurrencies has declined by almost 2% to $1.54 trillion in the past 24 hours. This is still a move in the opposite direction relative to the US and European indices, which are rising. Given that the current year is marked by impressive growth in cryptocurrencies, profit-taking looks like a […]
21/06/2024

Market Analysis: Gold Price and Crude Oil Price Turn Green

Gold price started a fresh increase above the $2,335 resistance level. Crude oil prices are gaining bullish momentum and might rise toward $82.50. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a decent increase from the $2,300 zone against the US Dollar. A connecting bullish trend line is forming with support […]