Month: December 2023

Key Highlights EUR/USD struggled near 1.1020 and started a fresh decline. It traded below a key bullish trend line with support at 1.0860 on the 4-hour chart. GBP/USD is also correcting gains below the 1.2600 Read more…

The cryptocurrency markets saw a sharp downturn in today’s Asian session. The decline doesn’t seem to be triggered by any specific event and might be amplified by the typically low liquidity on Mondays in the Read more…

Released over the weekend, China’s economic data revealed a concerning trend as CPI plunged further into negative territory in November, marking the country’s deepest deflationary period in three years. CPI fell to -0.5% yoy, a Read more…

A solid US November employment report sparked a rise in US yields, though a slide in consumer inflation expectations reinforced Fed easing expectations. Equities rallied but AUD slipped to 0.6570. This week’s calendar is crowded Read more…

GBPCHF reversed from support level 1.1000 Likely to rise to resistance level 1.1125 GBPCHF recently reversed up from the round support level 1.1000, lower boundary of the sideways price range inside which the pair has Read more…

EURNZD reversed from support level 1.7530 Likely to rise to resistance level 1.7800 EURNZD recently reversed up from the strong support level 1.7530, which has been steadily reversing the pair from the middle of January. Read more…

The post Eco Data 12/11/23 appeared first on Action Forex.

No stock index ever stays the same. Things change.  Consider the Dow Jones Industrial Average  (^DJI) – Get Free Report, which had 12 components when it was first established in 1896 by Charles Dow.  Of Read more…

Digital retail was supposed to put brick-and-mortar chains out of business. Certainly, some physical retailers have struggled and gone under. Bed Bath & Beyond. Christmas Tree Shops, and Tuesday Morning all filed for bankruptcy and Read more…