Logo-color Logo-white

The US Treasury is proposing a gradual increase in universal tariffs, causing uncertainty in the US Dollar and market expectations. The Federal Reserve meeting tomorrow is expected to result in an extended pause due to tariff uncertainties and potential inflation impact. Gold maintains a bullish bias due to uncertainties around tariffs and their impact, with […]

The post Gold (XAU/USD) Price Analysis: Bullish Bias Amid Tariff Uncertainty and FOMC appeared first on Action Forex.

previous

Sunset Market Commentary

next

USD Index: Dollar Regains Traction on Renewed Tariff Talks, Awaits FOMC Decision

Read More

19/11/2024

EURUSD Wave Analysis

EURUSD reversed from long-term support level 1.0500 Likely to rise to resistance level 1.0620 EURUSD currency pair recently reversed up from the major long-term support level 1.0500 (which has been steadily reversing the price from the start of 2023, as can be seen below), standing close to the lower daily Bollinger Band. The support level […]
13/03/2024

GBP/USD Recovers While EUR/GBP Aims More Upsides

GBP/USD is attempting a fresh increase from the 1.2745 zone. EUR/GBP is gaining pace and might extend its rally above the 0.8550 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a recovery above the 1.2780 zone against the US Dollar.  There was a break above a key bearish trend […]
14/01/2025

AUD/USD Steady as Consumer Sentiment Slips Lower

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian consumer sentiment declines for second straight month The Australian consumer remains pessimistic about the economic outlook. The Westpac consumer sentiment index fell 0.7% in January from -2% in December […]