Logo-color Logo-white

American and Canadian officials have spent the last few hours imposing tariffs on each other—only to roll them back —adding to the absurdity of the tariff situation. The problem is that this tariff charade has real-time consequences and that’s weighing on investor sentiment and pressuring market valuations. American manufacturers are already paying significantly more for […]

The post Talk Is Not Cheap appeared first on Action Forex.

previous

Crypto Struggles: Bitcoin Dips Further, Recovery Faces Major Hurdles

next

Elliott Wave View: GBPUSD Extending Higher in Wave 5 Impulse

Read More

17/07/2024

EUR/USD Rallies Toward Key Confluence Zone Amid Accelerating DXY Selloff

Eurozone inflation remained stable at the end of Q2 2024, with core inflation for services and non-energy goods unchanged at 4.1% and 0.7% respectively. EU services inflation remains persistently high and is unlikely to decrease significantly in the near future. A challenge for the ECB? EUR/USD is approaching a key resistance zone around 1.0950 ahead […]
11/04/2025

Gold Wave Analysis

Gold: ⬆️ Buy Gold broke key resistance level 3150.00 Likely to rise to resistance level 3200.00 Gold today broke above the key resistance level 3150.00 (which stopped the previous impulse wave I at the start of April, as can be seen below). The breakout of the resistance level 3150.00 accelerated the active intermediate impulse wave […]
10/12/2024

GBPUSD Capped By 200-Day SMA

GBPUSD remains in negative area But holds beyond the downtrend line RSI and MACD give some optimistic views GBPUSD is experiencing a new bullish attempt to remain above the short-term descending trend line, but the 200-day simple moving average (SMA) at 1.2815 appears to be a tough obstacle for traders. If the market overcomes the aforementioned barrier, […]