Logo-color Logo-white

In focus today Today, we will get January PMIs for both the euro area and the US. They will be the first indicator on how the major economies performed at the beginning of 2024. In the euro area, the manufacturing PMIs have risen since October in a signal of activity bottoming out in Q4 2023. […]

The post Trump Wins New Hampshire appeared first on Action Forex.

previous

Technical Outlook and Review

next

Can Rate Cuts and Geopolitics Propel Gold to Fresh Record Highs?

Read More

23/05/2024

Elliott Wave Analysis on Oil (CL) Looks for Short Term Weakness

Short Term Elliott Wave in Light Crude Oil (CL) suggests the decline from 4.12.2024 high is in progress as a 5 waves impulse. Down from 4.12.2024 high, wave 1 ended at 81.56 and wave 2 rally ended at 86.28. Wave 3 lower ended at 76.89. The 1 hour chart below shows the starting point from […]
26/03/2024

Focus on US and Swedish Data Today

In focus today From the US, durable goods orders are due for release for February and Conference Board will release its consumer confidence survey for March. Consumer confidence has improved gradually over the winter as slower inflation supports real incomes. In Sweden we get producer and import price index for February and the Economic Tendency […]
02/04/2024

Natural Gas Wave Analysis

Natural gas reversed from multi-month support level 1.541 Likely to rise to resistance level 2.030 Natural gas recently reversed up from the multi-month support level 1.541, which reversed the price twice in the middle of 2020. The support level 1.541 was strengthened by the lower weekly and the daily Bollinger Bands. Given the strength of […]