There are no central bank meetings next week but there is an avalanche of economic data from America, Europe, and Japan to keep traders entertained. Politics will also be in the spotlight with a G7 meeting over the weekend. Global leaders are expected to outline steps to stabilize energy markets, which could have tremendous implications […]
The post Week Ahead – Energy Politics and a Barrage of Data Releases appeared first on Action Forex.
AUD/JPY is setting up for a potential upside breakout toward 120 psychological level, with the next move likely to be decided by a high-stakes combination of BoJ policy and Australian inflation data. Today’s bounce suggests Read more…
Despite the cancellation of a second round of US–Iran talks, crude oil prices showed little urgency to push higher, with Brent holding near $106 and WTI anchored around $98. In earlier phases of the conflict, Read more…
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher toward the 1.3620 resistance. Gold Read more…