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Key Highlights EUR/USD rallied toward 1.1020 before it corrected lower. A major bullish trend line is forming with support near 1.0880 on the 4-hour chart. GBP/USD is consolidating gains above the 1.2650 level. Gold prices surged higher above $2,100 and $2,120. EUR/USD Technical Analysis The Euro started a strong increase above the 1.0820 resistance against […]

The post EUR/USD Holds Support But Can It Increase Again? appeared first on Action Forex.

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10/07/2024

RBNZ Review: Keeping It Tight… For a While

The RBNZ left the OCR at 5.5% as expected. The RBNZ took a more dovish view – easing looks to be coming earlier than they previously thought. The short-term inflation outlook seems more comfortable for the RBNZ. But it’s the weaker growth momentum that seems especially top of mind. The RBNZ’s monetary policy strategy is […]
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Forex and Cryptocurrency Forecast

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EURUSD Wave Analysis

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