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In focus today Today we get the US April Jobs Report which will round off the interesting week it has been in markets. We expect non-farm payrolls growth to cool to +200k, as immigration-driven uptick in labour supply continues to boost employment in lower-paying services sectors, but April PMIs suggested that elsewhere demand for labour […]

The post Norges Bank and Nonfarm to Round Off a Busy Week appeared first on Action Forex.

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Bitcoin’s Downtrend, Solana and Ethereum Form Double Bottom

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07/05/2024

Gold Attempts Recovery to Only Face Limitations Again

Gold stays trapped below 2,325 after Monday’s bounce Technical signals reflect persisting caution Gold had a positive start to the week, bouncing back above its 20-day exponential moving average (EMA), but the bullish attempt was not strong enough to drive the precious metal successfully above the constraining zone of 2,325. This is where the 23.6% Fibonacci […]
07/08/2024

GBP/USD Outlook: Recovery Above Daily Cloud Likely to Be Limited

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19/09/2024

FOMC Starts Easing Cycle With a Bang

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