USD/CAD rose further to 1.3077 last week but failed to sustain above 1.3022 fibonacci level and retreated. Initial bias remains neutral this week first. On the upside, break of 1.3077 and sustained trading above 1.3022 Read more…
Familiar Disney characters populate an alternate reality in new interactive game. Mickey Mouse and his pals Goofy, Minnie and Pluto have been recognizable characters for nearly a century. But while they can get into shenanigans, Read more…
GBP/JPY rose further last week but failed to break through 168.67 resistance. Initial bias remains neutral this week first. On the upside, decisive break of 168.67 resistance will resume larger up trend. Next near term Read more…
EUR/JPY rose further last week but failed to break through 144.23 resistance. Subsequent retest was supported support by 4 hour 55 EMA. Initial bias is neutral this week first. On the upside, decisive break of Read more…
EUR/GBP stayed in range of 0.8848/8720 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rise is expected as long as 0.8484 support holds. Break of 0.8720 and sustained trading Read more…
EUR/AUD rose further to 1.5343 last week but retreated ahead of 1.5354 support turned resistance. Initial bias is neutral this week first. On the upside, sustained break of 1.5354 will indicate medium term bottoming at Read more…
EUR/CHF’s fall from 1.0512 extended lower last week after brief consolidations. Initial bias stays on the downside this week for retesting 0.9970 low. Decisive break there will resume larger down trend. On the upside, however, Read more…
The forex markets were rather mixed last week. Yen ended as the worst performer, but Swiss Franc was the best. Canadian Dollar rose against all but Franc, while Aussie and Kiwi were weak. Euro was Read more…
Monday, Jun 27, 2022 Tuesday, Jun 28, 2022 Wednesday, Jun 29, 2022 Thursday, Jun 30, 2022 Friday, Jul 1, 2022 The post Summary 6/27 – 7/1 appeared first on Action Forex.
Summary United States: The Housing Market Begins to “Reset” Fed Chair Powell presented the Federal Reserve’s semiannual Monetary Policy report to Congress this week. In his testimony, he acknowledged that tightening monetary policy in order Read more…