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July 9 tariff deadline looms as trade deals remain elusive. Fed minutes to be watched after positive jobs report. RBA expected to cut but RBNZ to likely stay on hold. OPEC+ to probably raise output again. UK GDP, Canadian employment and Chinese CPI data also on tap. The race to the finish line It’s been […]

The post Week Ahead – RBA, RBNZ Decisions and Fed Minutes Eyed as Trade Deals Awaited appeared first on Action Forex.

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Bitcoin Wave Analysis

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13/12/2023

Can Fed Deliver This Year’s Santa Rally? Is UK at Risk of Recession?

We’re seeing some caution in the markets this week and that is particularly true today, with Europe trading broadly flat and US futures pointing to a similar start on Wall Street. The final Fed meeting of the year could also be the most eventful, with the central bank likely to acknowledge it’s done with tightening […]
06/12/2023

Gold Wave Analysis

Gold reversed from multi-year resistance level 2065.00 Likely to fall to support level 1.7000 Gold recently reversed down from the major multi-year resistance level 2065.00, which has been reversing the price from the middle of 2020, as can be seen below. The resistance level 2065.00 was strengthened by the upper daily and the weekly Bollinger […]
28/12/2023

ETH/USD Analysis: New Record of the Year

Today, the price of Ethereum exceeded the level of 2,440 per token, thereby setting a new high for 2023. It is noteworthy that the price of Bitcoin did not support the bullish sentiment, continuing to fluctuate around the USD 43,000 level for the fifth day. What is the reason for the growth of ETH/USD from […]