Logo-color Logo-white

EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%. German inflation expected at 0.2% Germany’s CPI is expected at 0.2% m/m on Friday, which would confirm the initial estimate from two weeks earlier. On an annualized basis, the initial estimate for CPI came in at […]

The post EUR/USD Eyes German Inflation appeared first on Action Forex.

previous

Australian Dollar Dips as China’s Inflation Declines

next

USD/JPY Slides After BOJ Uchida’s Hawkish Comments

Read More

29/10/2024

Nikkei 225: Bulls Still Holding the Line Despite Political Uncertainty

Impending potential fiscal stimulus measures are supporting the recent two days of rallies seen in the Nikkei 225. Technical analysis with TOPIX sector rotation suggests a likely start of a major impulsive up move sequence on the Nikkei 225. The biggest risk for Nikkei 225 bulls is likely the main CDP opposition party mounting a […]
19/06/2024

Gold Eyes Higher Ground: Aiming for Upside Break

Key Highlights Gold seems to be forming a base above the $2,285 level. A key contracting triangle is forming with resistance at $2,332 on the 4-hour chart. EUR/USD is recovering higher toward the 1.0780 resistance. Oil prices gained bullish momentum above the $80.00 resistance. Gold Price Technical Analysis Gold prices remained well-bid above the $2,280 […]
25/07/2024

EURUSD Pulls Back Towards Converging SMAs

EURUSD retraces lower after hitting 4-month high The bears eye converging 50- and 200-day SMAs Oscillators deteriorate but remain in positive zones EURUSD had been rising steadily following its bullish breakout from a downward sloping trendline in early July, posting a fresh four-month peak of 1.0947 last week. However, the pair has been experiencing a correction since […]