Logo-color Logo-white

In this technical blog, we are going to take a look at the past performance of EURCAD 1-Hour Elliott wave Charts that we presented to our members. In which, the decline from the 1/25/2024 peak took place as an impulsive structure and showed a lower sequence with a bearish sequence stamp with the right side […]

The post EURCAD Selling Perfectly From The Blue Box Area appeared first on Action Forex.

previous

Powell Interview Adds to Strong Jobs Data Driving Yields Higher

next

Turning the Mill With Carried Water

Read More

19/07/2024

ECB Not Confident that September Will Bring the Second Rate Ccut

TSM announced better-than-expected quarterly results and lifted its growth projections for this year’s revenue. Good news helped limiting the previous day selloff in chip stocks yesterday but couldn’t prevent the S&P500 and Nasdaq 100 from closing Thursday’s session with losses. The S&P500 fell 0.78% and Nasdaq 100 lost almost 0.50%. Nvidia rebounded more than 2.50% […]
06/09/2024

Week Ahead – ECB Poised to Cut Again, US CPI to Get Final Say on Size of Fed Cut

ECB is expected to ease again, but will it be another ‘hawkish cut’? US CPI report will be the last inflation update before September FOMC UK monthly data flurry begins with employment and GDP numbers ECB to cut rates for second time The European Central Bank’s carefully choreographed rate-cutting cycle got off to an awkward […]
07/02/2024

German Factories Orders Get Boost from Major Airplane Orders

In focus today The Polish central bank announces its base rate at 14.30. We expect them to maintain their current rate level of 5.75%. Early Thursday morning, Chinese CPI and PPI for January is released, and set to show another deflation print on the headline and thus continue the downbeat news flow out of China. […]