Key Highlights EUR/USD failed to recover above 1.0000 and started a fresh decline. A key bearish trend line is forming with resistance near 0.9850 on the 4-hours chart. Gold and oil are showing signs of a fresh decline. GBP/USD could continue higher if it clears the 1.1500 resistance. EUR/USD Technical Analysis The Euro attempted a […]
The post EUR/USD At Risk of Fresh Decline Below 0.9650 appeared first on Action Forex.
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…