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Month: March 2025

Cryptocurrencies

Dollar Stays Soft as Forex Markets Quiet, US CPI Highlights the Week

Forex markets are trading quietly in the Asian session, remaining within Friday’s range and showing little impetus to move decisively in either direction. Dollar is staying on the back foot, with a lack of substantial Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

Bitcoin and Ethereum slide further as market reacts to strategic reserve letdown

Bitcoin has come under selling pressure in recent days, and slips closer to 80k mark. Ethereum, with a even worse outlook, has been struggling at its lowest levels since late 2023. The broader cryptocurrency market Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

Euro Strengthens—EUR/USD Begins Smooth Uptrend

Key Highlights EUR/USD started a fresh increase above the 1.0750 resistance zone. A short-term rising channel with support at 1.0800 on the 4-hour chart. GBP/USD surged above the 1.2850 and 1.2880 resistance levels. Crude oil Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

Japan’s nominal wages rises 2.8% yoy in Jan, real wages fall -1.8% yoy

Japan’s labor cash earnings rose 2.8% yoy in January, falling short of market expectations of 3.2% yoy. Nominal wage growth remained positive for the 37th month. Real wages, adjusted for inflation, fell -1.8% yoy, reversing Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

Major economic data will reset recession bets this week

The economy is starting to look weak. Wall Street is stressed by all the volatility in the financial markets. The big immediate issues are tariffs and the potential for huge job cuts in federal government Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

China’s inflation turns negative, but seasonal factors skew the picture

Released over the weekend, China’s consumer inflation dipped into negative territory for the first time in over a year, with February’s CPI coming in at -0.7% yoy, weaker than the expected -0.5% yoy, and a Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

USDCHF Wave Analysis

USDCHF: ⬇️ Sell USDCHF broke the support zone Likely to fall to support level 0.8750 USDCHF currency pair recently broke the support zone between the support level 0.8900 (which has been reversing the price from Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

WTI Crude Oil Wave Analysis

WTI crude oil: ⬆️ Buy WTI reversed from the multi-month support level 64.90 Likely to rise to resistance level 68.60 WTI crude oil recently reversed sharply from the powerful multi-month support level 64.90, which stopped Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

Dave Ramsey sends major message on Social Security, 401(k)s, IRAs

Social Security, the government program that sends out monthly paychecks to people in retirement to help bolster their finances, is under a significant amount of financial pressure.  Radio host and bestselling personal finance author Dave Read more…

By , 1 year ago March 10, 2025
Cryptocurrencies

Eco Data 3/10/25

The post Eco Data 3/10/25 appeared first on Action Forex.

By , 1 year ago March 10, 2025

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