EUR/USD is attempting a recovery wave from the 1.1500 zone. USD/CHF climbed higher above 0.8050 and might correct some gains. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro declined toward 1.1500 before it started a recovery wave against the US Dollar. There was a break above a major bearish trend line with resistance […]
The post EUR/USD Rebounds Cautiously, USD/CHF Coils for Next Move appeared first on Action Forex.
Silver bulls may finally be getting the move they have been waiting for — and the rally could now be feeding itself. On Monday, Silver exploded higher by more than $6 an ounce at its Read more…
Key Highlights AUD/USD started a fresh increase above the 0.7200 pivot zone. A bullish trend line is forming with support at 0.7190 on the 4-hour chart. EUR/USD could gain strength if it clears 1.1800 and Read more…
Australia’s NAB business survey for April painted an increasingly stagflationary picture, with activity indicators weakening further even as cost pressures accelerated sharply. Business confidence improved slightly from -29 to -24, but remained deeply negative, while Read more…