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In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of GBPUSD. In which, the rally from 13 January 2025 low is unfolding as an impulse sequence & showed a higher high sequence therefore, called for an extension higher to take place. We knew that the structure in […]

The post The Power of Elliott Wave Blue Boxes: GBPUSD’s Perfect Bounce appeared first on Action Forex.

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26/10/2024

Markets Weekly Outlook – ‘Magnificent 7’ Earnings, BoJ Meeting and US Jobs Data

Markets are in a holding pattern as investors weigh risks and uncertainties ahead of a busy week filled with key events. The US election is drawing closer, and markets may react to the possibility of a Trump victory, which could lead to a rise in the US Dollar and inflation expectations. The Bank of Japan […]
10/04/2024

Canadian Dollar Calm Ahead of BoC Decision

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21/04/2025

Gold Extends Record Run, WTI Crude Oil Rebound in Tandem

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