Logo-color Logo-white

Ethereum jumps to its highest since May 2022 Advance eases as oscillators point at overbought conditions ETHUSD (Ethereum) has experienced a strong rally since late October, which propelled the price to a fresh 18-month peak of 2,274 on Monday. However, the uptrend seems to be losing some steam, with both the RSI and stochastics touching their […]

The post ETHUSD Posts a Fresh 18-month High appeared first on Action Forex.

previous

Japanese Yen Steady, Tokyo CPI Falls

next

AUD/USD: Falls Further as RBA Decision Disappoints Traders

Read More

05/03/2024

EURJPY Recovers from Mild Pullback

EURJPY storms back higher towards 2024 peaks Momentum indicators weaken but remain positive EURJPY has been in a steady advance since December 2023, peaking at the 2024 high of 163.70 on February 27. Despite experiencing a pullback in the past week, the pair found its feet and rotated back higher towards its recently registered three-month peak. Given […]
20/04/2024

Supercharged US Dollar Turns to GDP Growth Data

Dollar goes on a rampage as traders unwind Fed rate cut bets Risk aversion in stock markets amid Iran tensions helps too Upcoming US releases will decide whether rally can go further Dollar shines bright It’s been a phenomenal year for the US dollar so far. The greenback has gained more than 4% against a […]
26/07/2024

XAU/USD Outlook: Gold Edges Higher from Daily Cloud Top as Markets Await Release of US Data

Gold price rose on Friday, as traders collected some profits from sharp fall in past two days (down nearly 3%), with strong acceleration lower on Thursday being sparked by upbeat US Q2 GDP numbers. Strong technical support, provided by the top of daily Ichimoku cloud, repeatedly contained attacks, keeping the downside protected for now. Initial […]