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Key Highlights Gold started a fresh surge and traded to a new high above $2,788. A connecting bullish trend line is forming with support at $2,758 on the 4-hour chart. Oil started a consolidation phase near the $69.00 zone. EUR/USD recovered some losses and tested the 1.0865 resistance. Gold Price Technical Analysis Gold prices formed […]

The post Gold Leaps Ahead: Are More Gains on the Horizon? appeared first on Action Forex.

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29/11/2024

USD/JPY Rebound May Stall: What Could Cap Gains?

Key Highlights USD/JPY started an upside correction from the 150.50 zone. A major bearish trend line is forming with resistance at 152.50 on the 4-hour chart. EUR/USD is struggling to recover above the 1.0600 resistance. GBP/USD must settle above 1.2720 to start a decent increase. USD/JPY Technical Analysis The US Dollar started a major decline […]
25/03/2024

Instrument of the Week (25-29 March): GBPCAD Spotlight

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06/12/2023

WTI Oil: Bears Hold Grip on Demand Concerns, OPEC+ Decisions

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