Logo-color Logo-white

There are rare moments when the market’s reaction to news leaves me baffled. And today – this week – is one of them. The French government just collapsed, and the composition of the government suggests that whoever replaces Micel Barnier will face the same problems than he did, in a France that became ungovernable. But […]

The post Euro Insoumis appeared first on Action Forex.

previous

Silver Wave Analysis

next

GBPUSD Shows Signs of Positive Momentum

Read More

18/12/2023

FTSE 100 Wave Analysis

FTSE 100 reversed from resistance level 7700.00 Likely to fall to support level 7500.00 FTSE 100 index under the bearish pressure after the index reversed down from the resistance level 7700.00 (which has been reversing the index from June) standing above the upper daily Bollinger Band. The resistance level 7700.00 was strengthened by the coinciding […]
13/12/2023

Trading Probably a Long-Drawn Countdown to Fed Decision

Market November US CPI yesterday was the final piece of the monetary puzzle before today’s Fed decision, but it didn’t change the global portrait. At 0.1% M/M and 3.1% Y/Y (headline) and 0.3% M/M and 4.0% for the core, the outcome was close to, maybe marginally higher than expected. Markets also didn’t know what conclusion […]
30/11/2023

Gold Price Rally Pauses But Not Likely Over

Key Highlights Gold prices rallied over the $2,000 and $2,020 resistance levels. A key bullish trend line is forming with support near $2,025 on the 4-hour chart. Crude oil prices are attempting a recovery wave from the $72.00 zone. EUR/USD climbed above the 1.1000 level before the bears appeared. Gold Price Technical Analysis Gold remained […]