Logo-color Logo-white

EURUSD continues its attempt to reverse back above the 1.1000 level but has been unsuccessful so far, the current trading range is critical, and any real breakout may help in forecasting future price action, we will go over a long-term as well as a short-term timeframe reflecting the current price action. Talking Points Weekly Chart […]

The post EUR/USD Price Action – Technical Analysis appeared first on Action Forex.

previous

Bitcoin Climbs to New 21-month High Ahead of ETF Decision

next

CHFJPY Wave Analysis

Read More

26/06/2024

AUD/NZD: Aussie Surges Almost 1% vs Kiwi Dollar After Release of Australia’s Inflation Report

Australian dollar surged 0.9% vs Kiwi dollar in Wednesday’s morning, lifted by fresh hawkish signals that the RBA may opt for a rate hike next month, after Australia’s inflation rose above expectations and hit new multi-month high in May. A full-figure rise broke through three Fibo barriers (38.2%; 50% and 61.8% retracement of 1.1030/1.0732 downtrend) […]
15/01/2024

BTC/USD Price and “Three Black Crows” Pattern

On January 11, the highly publicized Bitcoin ETF began trading after it was officially approved by the SEC. On this day, the price of Bitcoin exceeded USD 48,800, as shown by the chart. Bloomberg writes that new US spot funds achieved net inflows of USD 819 million in the first two days of trading. However, […]
02/09/2024

BTC/USD Analysis: Bitcoin Price at a Crossroads

On 9 August, our analysis of the long-term BTC/USD chart noted that Bitcoin’s price was at a crossroads, moving within the bounds of two channels: → A bullish channel (shown in blue), which began forming in 2023 on the back of Bitcoin ETF approval rumours; → A bearish channel (shown in red), which started taking […]