Logo-color Logo-white

GBPCHF reversed from support level 1.1220 Likely to rise to resistance level 1.1450 GBPCHF currency pair continues to rise after the earlier upward reversal from the pivotal support level 1.1220 (which stopped the two previous corrections iv and B). The upward reversal from the support level 1.1220 created the daily Japanese candlesticks reversal pattern Morning […]

The post GBPCHF Wave Analysis appeared first on Action Forex.

previous

Could Tokyo CPI Make the July BoJ Meeting a Live Pne?

next

Sentiment Improves Amid Nvidia Recovery, FedEx Earnings

Read More

19/07/2024

Canadian Dollar Eyes Retail Sales Ahead of Rate Meeting

The Canadian dollar is calm on Friday. In the European session, USD/CAD is trading at 1.3717, up 0.08% on the day at the time of writing. We could see stronger movement in the North American session, with the release of Canadian retail sales. Will retail sales suffer a reversal? Canada’s retail sales is expected to […]
21/03/2024

Crypto Finished Its Pullback Thanks to Fed

Market picture The Fed’s comments returned risk appetite to global markets, immediately bringing buyers back to cryptocurrencies. In 24 hours, total market capitalisation rose 7.7% to $2.55 trillion. Bitcoin is showing roughly the same amplitude of growth, but Ethereum and Solana are adding around 10%. Bitcoin has held within a classic correction, never falling below […]
26/03/2024

Sunset Market Commentary

Markets The eco calendar in Europe and the US this week is backloaded with the publication of key (national) EMU inflation data starting tomorrow and the Fed’s preferred inflation measure (PCE deflator) scheduled for release on Friday. Some less high profile data and CB comments in the meantime have to guide the day-to-day market dynamics […]