Logo-color Logo-white

Hello fellow traders. In this technical article, we’re going to take a look into the Elliott Wave charts of GBPUSD, exclusively presented in the members’ area of our website. As our members know GBPUSD has recently made pull back that made clear 3 waves down from the March 8th peak and completed correction right at […]

The post GBPUSD Elliott Wave : Buying The Dips At The Blue Box Area appeared first on Action Forex.

previous

Interesting Divide Between Markets’ and Our Interpretation on Fed

next

Bank of England Review – Gearing Up for a June Cut

Read More

15/07/2024

News of the Week (July 15—19): EURGBP Outlook!

The EURGBP, representing the exchange rate between the Euro and the British Pound, is a key measure of economic interplay between the Eurozone and the United Kingdom. The Euro’s value is primarily influenced by the financial policies and performance of the Eurozone member states, particularly significant economies such as Germany and France. On the other […]
19/02/2024

EUR/USD Recovery Could Fade, Gold Eyes Fresh Increase

Key Highlights EUR/USD is attempting a recovery wave from the 1.0700 zone. A major bearish trend line is forming with resistance near 1.0810 on the 4-hour chart. Gold price is recovering higher from the $1,988 support zone. Bitcoin price is consolidating gains above the $50,500 support. EUR/USD Technical Analysis The Euro extended its decline below […]
04/04/2024

BTCUSD Pauses Pullback But Still Under Pressure

BTCUSD halts its retreat and recoups some losses But momentum indicators remain tilted to the downside BTCUSD (Bitcoin) experienced a strong pullback following its repeated inability to conquer the 71,750 hurdle. Although the price seems to be finding its footing in the last couple of sessions supported by a short-term ascending trendline, near-term risks remain tilted to […]