Logo-color Logo-white

EURNZD: ⬆️ Buy EURNZD reversed from support level 1.8845 Likely to rise to resistance level 1.9200 EURNZD currency pair recently reversed from the support level 1.8845 intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from February. The upward reversal from the support level 1.8845 stopped the C-wave […]

The post EURNZD Wave Analysis appeared first on Action Forex.

previous

Fed Review: Still in a Good Place

next

Focus Turns to UK Today, Not Only Because of BoE Meeting

Read More

22/12/2023

EURCHF Wave Analysis

EURCHF reversed from key support level 0.9410 Likely to rise to resistance level 0.9500 EURCHF currency pair recently reversed up from the key support level 0.9410 (which has been reversing the price from the middle of October). The support level 0.9410 was strengthened by the intersecting lower daily Bollinger Band. Given the oversold daily Stochastic, […]
15/01/2025

GBP/USD Analysis: Bulls Find Renewed Hope

This morning, UK inflation data was released, as reported by ForexFactory: Consumer Price Index (CPI): actual = 2.5%, expected = 2.6%, previous = 2.6%; Core CPI: actual = 3.2%, expected = 3.4%, previous = 3.5%. The foreign exchange market reacted with a surge in volatility as UK inflation showed a decline. At the same time, […]
04/03/2025

It’s No Longer a Threat, It’s Reality

Today marks a turning point in Donald Trump’s tariff policy. It is the day the tariff threat will materialize – unless there is a surprise U-turn – and hammer hopes that the aggressive tariff threats were not just a negotiation tactic. As a result, the Canadian and the Mexican imports will be hit by 25% […]