Logo-color Logo-white

ETHUSD forms structure of lower highs and lower lows But the latest rebound advances above previous high Momentum indicators suggest strengthening positive bias ETHUSD (Ethereum) had experienced a strong rally since late October, which propelled the price to a fresh 19-month peak of 2,403 on December 9. Although the latter was followed by a pullback, the […]

The post ETHUSD Attempts to Erase Recent Pullback appeared first on Action Forex.

previous

USD/JPY Eyes Inflation, BoJ Minutes

next

Canada: Retail Trade Enters Holiday Season on a High Note.

Read More

26/04/2024

USD/JPY Volatile After Inflation, BoJ Meeting

The Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%. It has been a busy Friday in Japan. Japanese inflation data, which was released just before the end of the Bank of Japan meeting, was much lower than expected. Tokyo Core CPI, which was overshadowed by […]
24/07/2024

NZDUSD Plunges to New Multi-Week Low

NZDUSD dives almost 4% from the July high of 0.6150 Price may rebound off 0.5875 20- and 200-day SMAs record a bearish cross Momentum oscillators indicate upside correction NZDUSD has been creating an aggressive bearish rally since the break beneath the short-term uptrend line, diving almost 4% after the pullback from the 0.6150 resistance. The pair posted a fresh 12-week low […]
13/06/2024

AUD/USD: Australian Dollar Rallies 1.35% as US Inflation Eases Below Expectations

Australian dollar was one of the top gainers among major currencies on Wednesday, after weaker than expected US CPI data revived hopes disinflation is back to play and added to doves advocating for September Fed rate cut. AUDUSD pair advanced 1.35% after release of data and cracked 0.6700 barrier, nearing full retracement of 0.6714/0.6575 pullback […]