Logo-color Logo-white

Key Highlights USD/JPY started a fresh increase above the 145.00 resistance. A key bullish trend line is forming with support at 145.80 on the 4-hour chart. EUR/USD declined below the 1.1075 support level. GBP/USD trimmed gains and traded below the 1.3200 support level. USD/JPY Technical Analysis The US Dollar formed a base above 141.65 and […]

The post USD/JPY Restarts Its Rally, US Nonfarm Payrolls Report Next appeared first on Action Forex.

previous

US: ISM Shows Services Growth Picks Up in September

next

Pound’s Bullish Run in jeopardy

Read More

23/09/2024

Nikkei 225 index Wave Analysis

Nikkei 225 index rising inside minor impulse waves 3 Likely to reach resistance level 39000.00 Nikkei 225 index continues to rise inside the minor impulse waves 3, which belong to the intermediate impulse wave (3) from the start of September. The impulse wave (3) belongs to the primary upward impulse sequence 3 from the start […]
13/03/2024

US Dollar Strengthens Amid Inflation Data

As of Wednesday, the EUR/USD pair is hovering near 1.0925 after experiencing a volatile session, with expectations for a more subdued week ahead. Recent statistical data highlighted higher-than-expected inflation in the US for February, prompting adjustments to predictions about the easing of monetary policy by the Federal Reserve in June. The Consumer Price Index (CPI) […]
25/10/2024

USD/JPY Holds Strong on Dips: Will More Gains Follow?

Key Highlights USD/JPY extended gains above the 152.50 resistance zone. It broke a key rising channel with resistance at 151.20 on the 4-hour chart. Gold prices started a short-term downside correction after hitting a new all-time high at $2,758. EUR/USD and GBP/USD could attempt a recovery wave. USD/JPY Technical Analysis The US Dollar remained in […]