Logo-color Logo-white

EURCHF broke key support level 0.9410 Likely to fall to support level 0.9300 EURCHF recently broke the pivotal support level 0.9410 (former multi month low from July). The breakout of the support level 0.9410 accelerated both of the active impulse waves 3 and (5). Given the predominant weekly downtrend and the widespread Swiss franc gains […]

The post EURCHF Wave Analysis appeared first on Action Forex.

previous

Crude Oil Price Recovery Could Gather Pace Above $76

next

USDCHF Wave Analysis

Read More

22/03/2024

XAU/USD: Gold Eases from New Record High

Gold price eases further on Friday, extending pullback from new record high $2222 (posted on Thursday) after a strong upside rejection on probe above psychological $2200 barrier. The yellow metal came under increased pressure from stronger dollar after Fed kept the policy unchanged and signaled that high borrowing cost may stay elevated as the US […]
13/12/2024

Week Ahead – Fed, BoJ and BoE Conclude End-Year Policy Decisions

Fed seen cutting in December, pausing in January BoJ leans towards keeping rates steady BoE seen ending 2025 on the sidelines as well Flash PMIs, UK and Canada CPIs, and core PCE also on tap Fed seen taking the sidelines in January Following the RBA, the BoC, the SNB and the ECB, the central bank […]
04/01/2024

USDCAD Wave Analysis

USDCAD reversed from key support level 1.3200 Likely to rise to resistance level 1.3400 USDCAD currency pair recently reversed up from the key support level 1.3200 (which reversed the price multiples times in the middle of 2023, as can be seen below). The support level 1.3200 was further strengthened by the lower daily Bollinger Band […]