Logo-color Logo-white

Federal Reserve’s Upcoming Decision: Markets are split on whether the Fed will cut rates by 25 or 50 bps. Key data releases from China, Japan, the UK, and the US will shape market sentiment and potentially set the tone for Q4 2024. The DXY is nearing a critical support level, and its direction could determine […]

The post Markets Weekly Outlook – Central Banks to Rule the Roost appeared first on Action Forex.

previous

Sunset Market Commentary

next

GBPCAD Wave Analysis

Read More

08/04/2024

Euro Edges Lower, German Industrial Production Jumps

The euro is calm at the start of the trading week. In the North American session, EUR/USD is trading at 1.0830, down 0.07%. German industrial production rises 2.1% Is the German economy coming out of a downswing? The week started on a positive note as industrial production jumped 2.1% y/y in February, up from a […]
22/12/2023

USD Weakness Continues Ahead of Holidays

In focus today The most important data release today will be the US November Personal Consumption Expenditures (PCE). Consensus expects Core PCE inflation to have remained steady in m/m SA terms at +0.2%. Earlier CPI and retail sales data hinted that private consumption has likely continued growing modestly even in real terms. November durable goods […]
16/09/2024

GBPUSD Elliott Wave: Buying the Dips at the Blue Box Area

In this technical article we’re going to take a quick look at the Elliott Wave charts of GBPUSD Forex Pair , published in members area of the website. As our members know, GBPUSD has recently given us correction against the 1.2664 low. The pair reached our target zone and completed correction right at the Equal […]