Logo-color Logo-white

The euro continues to lose ground and is trading at 1.1080 in the North American session, down 0.49% on the day. The euro is down for a third consecutive day and has declined 0.9% during that time. Eurozone CPI lower than expected Eurozone inflation eased to 1.8% y/y in September, down from 2.2% in August […]

The post Euro Extends Losses as Eurozone CPI Slows to 1.8% appeared first on Action Forex.

previous

Crypto’s Step Back for Acceleration

next

JPY Pairs Approach Key Levels Rapidly

Read More

31/01/2024

GBPJPY Wave Analysis

GBPJPY reversed from resistance level 79.15 Likely to fall to support level 184.50 GBPJPY currency pair recently reversed down from the key resistance level 188.55 which has been reversing the price from November, as can be seen below. The downward reversal from the resistance level 188.55 started the active short term impulse wave c. Given […]
29/07/2024

AUD/USD Gains Amid Anticipation for Key Economic Data

The AUD/USD pair is climbing towards 0.6552 on Monday. The Australian dollar is bouncing back from a 12-week low as investors await Australian inflation data. In the past two weeks, the AUD, in the currency pair with the USD, has fallen more than 3%. This happened amid a global sell-off in risky assets and also […]
18/11/2024

EUR/USD Eyes Recovery, But Gains May Be Capped

Key Highlights EUR/USD extended losses and tested the 1.0500 support. A key bearish trend line is forming with resistance at 1.0585 on the 4-hour chart. GBP/USD also extended losses and traded below the 1.2720 support. Oil is consolidating losing and trading near the $67.25 zone. EUR/USD Technical Analysis The Euro started a fresh decline below […]