Logo-color Logo-white

EURGBP reversed from support zone Likely to rise to resistance level 0.8375 EURGBP currency pair previously reversed up from the support area located at the intersection of the support level 0.8260 (which stopped the previous minor impulse wave i) and the lower daily Bollinger Band. The upward reversal from this support zone created the daily […]

The post EURGBP Wave Analysis appeared first on Action Forex.

previous

EURCHF Wave Analysis

next

Gold Stays Resilient: Can The Upswing Continue?

Read More

04/11/2024

AUD/USD and NZD/USD Rebound Could Be Limited

AUD/USD is attempting a recovery wave from 0.6540. NZD/USD is also correcting losses and might recover further if there is a clear move above the 0.6030 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar found support near 0.6540 and is now recovering against the US Dollar. There was a break above […]
10/05/2024

GBP/USD Analysis: Pound Recovers After the Bank of England Decision

Yesterday, the Bank of England published its interest rate decision. According to ForexFactory, the votes were distributed as follows: → rate hike – 0 votes, cut – 2 votes, unchanged – 7 (0 – 2 – 7); → forecast: 0 – 0 – 9; → previous values: 0 – 1 – 8. For the first […]
01/05/2024

EUR/USD Dives While USD/CHF Extends Rally

EUR/USD started a fresh decline below the 1.0695 support. USD/CHF is rising and might aim a move toward the 0.9250 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the 1.0750 resistance and declined against the US Dollar. There was a break below a key bullish trend line with support […]