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Key Highlights EUR/USD started a recovery wave above the 1.1620 resistance. It cleared a major bearish trend line with resistance at 1.1660 on the 4-hour chart. GBP/USD started a recovery wave above 1.3400 but faces hurdles. Gold rallied to a fresh all-time high above $4,350 before correcting some gains. EUR/USD Technical Analysis The Euro started […]

The post EUR/USD Upside Looks Capped As Market Momentum Turns Cautious appeared first on Action Forex.

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11/06/2025

AUD/USD & NZD/USD Aim Steady Increase

AUD/USD started a decent increase above the 0.6450 and 0.6500 levels. NZD/USD is also rising and might aim for more gains above 0.6080. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar rebounded after forming a base above the 0.6400 level against the US Dollar. There is a connecting bullish trend […]
24/09/2024

Bitcoin Price Could Be Ready for Bigger Gains, Gold Sets New ATH

Key Highlights Bitcoin price gained over 15% in the past few days. BTC is trading above a connecting bullish trend line with support at $61,500 on the 4-hour chart. Oil prices corrected losses and climbed above the $71.20 resistance. Gold surged to a new all-time high above $2,630. Bitcoin Price Technical Analysis Bitcoin price started […]
23/07/2025

Silver Wave Analysis

Silver: ⬆️ Buy Silver broke resistance level 39.00 Likely to rise to resistance level 40.00 Silver recently broke the resistance level 39.00, which stopped the previous impulse wave i earlier this month, as can be seen from the daily Silver chart below. The breakout of the resistance level 39.00 should accelerate the active impulse waves […]