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Cable has seen some nice recovery at the end of 2023; move is looking impulsive so more gains can be seen after the corrective retracement which has unfolded down from March highs. So far, price came down with three waves but pair is making a nice turn-up in last few weeks, out of a downward […]

The post Cable Moving into Daily Trendline Resistance Near 1.2800 appeared first on Action Forex.

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08/05/2024

WTI oil futures restart downtrend

WTI oil futures fall to two-month low on rising US stockpiles Short-term risk bearish, but market could be oversold A clear close below 77.44 could activate fresh selling WTI oil futures slid to a two-month low of 76.99 on Wednesday after their continuous attempts to climb above the 200-day exponential moving average (EMA) at 79.10 proved fruitless. […]
18/07/2024

Australian Shrugs on Mixed Employment Data

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18/06/2024

GBPUSD Falls to a Fresh 1-Month Low

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