EURUSD reversed from support area Likely to rise to resistance level 1.0620 EURUSD currency pair recently reversed up from support area located at the intersection of the long-term support level 1.0455 (previous yearly low from 2023) and the lower weekly Bollinger Band. The upward reversal from the support level 1.0455 will form the weekly Bullish […]
UK inflation is accelerating, reducing the scope for the Bank of England to ease monetary policy to support economic growth. Headline price growth accelerated to 3.0% in January, up from 2.5% at the end of last year and 1.7% in September – a couple of months after BoE’s rate cut kick-off. Even more striking was […]
The post UK Inflation Has Not Inspired Pound Buying appeared first on Action Forex.
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Sell Ethereum reversed from the resistance level 2120.00 Likely to fall to support level 1800.00 Ethereum cryptocurrency recently reversed down from the resistance level 2120.00 (former multi-month support from August and February) standing near the 38.2% Fibonacci correction of the downward impulse from February. The downward reversal from the resistance level 2120.00 stopped […]