Market sentiment improves amid US-China trade talk optimism, despite concerns over tariff impacts on the global economy. Key economic data releases are expected across Asia, Europe, and the US, with a focus on inflation and retail sales. The US Dollar Index remains a focal point, showing a grind higher and influenced by trade talk developments. […]
The post Markets Weekly Outlook – US-China Trade Talks & Global Economic Data appeared first on Action Forex.
EUR/JPY retreated to 161.57 last week but recovered since then. Initial bias remains neutral this week first, and further rise is in favor. On the upside, break of 164.61 will resume the rally from 154.77 Read more…
EUR/GBP’s fall from 0.8737 continued last week. With break late break of 0.8460 temporary low, initial bias is back on the downside. Sustained trading below 55 D EMA (now at 0.8461) will argue that whole Read more…
EUR/AUD edged lower to 1.7380 last week but recovered after hitting 55 D EMA (now at 1.7430). Initial bias remains neutral this week first. On the upside, firm break of 1.7886 resistance will argue that Read more…