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Key Highlights NZD/USD is attempting a fresh increase above the 0.6000 resistance zone. It broke a major bearish trend line with resistance at 0.5990 on the 4-hour chart. Gold prices remain elevated ahead of the US CPI release and FOMC meeting minutes. The US CPI could increase by 3.4% in March 2024 (YoY). NZD/USD Technical […]

The post NZD/USD Signals Breakout, US CPI Report Next appeared first on Action Forex.

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15/07/2024

Gold’s Rally Stalls at 7-Week High

Gold jumped to its highest level since May 22 last week But fails to extend rally, trading flat in past couple of sessions Despite latest weakness, oscillators remain positively tilted Gold has been experiencing solid gains since late June, with the break above its 50-day simple moving average (SMA) and restrictive trendline brightening the short-term technical outlook. […]
11/04/2024

Bank of Canada Monetary Easing Door Slightly Ajar

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24/05/2024

EURGBP Wave Analysis

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