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Summary The Consumer Price Index came in slightly softer than expected, with both the headline and core indices advancing 0.2% in February. Slower growth in food and energy costs, as well as an easing in core goods and services inflation, helped overall price growth cool. The outturn is a welcome development after January’s unexpectedly strong […]

The post February CPI: A Little Relief appeared first on Action Forex.

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19/06/2024

AUDUSD: Strong Zone

In the Daily Timeframe, AUDUSD started a short-term bullish trend after a long-term decline. The price has reached the critical 61.8 Fibonacci resistance area, and despite the growing bullish sentiment, two scenarios should be considered. If the bulls push the price above 0.6680, the upside target will be 0.6760; A rebound from the resistance will […]
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Interesting to See Whether EUR/USD Can Regain 1.10 Barrier

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