USD/CAD’s rally continued last week and reached as high as 1.3664. Initial bias stays on the upside this week. Corrective pattern from 1.3976 should have completed at 1.3261. Firm break of 1..3684 resistance will bring Read more…
USD/CAD’s rally continued last week and reached as high as 1.3664. Initial bias stays on the upside this week. Corrective pattern from 1.3976 should have completed at 1.3261. Firm break of 1..3684 resistance will bring Read more…
GBP/JPY rose to 163.73 last week but retreated since then. Initial bias is neutral this week first. For now, the favored case is that correction from 172.11 has completed at 155.33 already. Above 163.73 will Read more…
EUR/GBP’s fall from 0.8977 resumed last week but recovered after hitting 0.8782. Initial bias is neutral this week first. Another decline is mildly in favor as long as 0.8927 resistance holds. Below 0.8782 will target Read more…
Monday, Feb 27, 2023 Tuesday, Feb 28, 2023 Wednesday, Mar 1, 2023 Thursday, Mar 2, 2023 Friday, Mar 3, 2023 The post Summary 2/27 – 3/3 appeared first on Action Forex.
Monday, Feb 27, 2023 Tuesday, Feb 28, 2023 Wednesday, Mar 1, 2023 Thursday, Mar 2, 2023 Friday, Mar 3, 2023 The post Summary 2/27 – 3/3 appeared first on Action Forex.
Monday, Feb 27, 2023 Tuesday, Feb 28, 2023 Wednesday, Mar 1, 2023 Thursday, Mar 2, 2023 Friday, Mar 3, 2023 The post Summary 2/27 – 3/3 appeared first on Action Forex.
Monday, Feb 27, 2023 Tuesday, Feb 28, 2023 Wednesday, Mar 1, 2023 Thursday, Mar 2, 2023 Friday, Mar 3, 2023 The post Summary 2/27 – 3/3 appeared first on Action Forex.
Monday, Feb 27, 2023 Tuesday, Feb 28, 2023 Wednesday, Mar 1, 2023 Thursday, Mar 2, 2023 Friday, Mar 3, 2023 The post Summary 2/27 – 3/3 appeared first on Action Forex.
Last week, the US released the January Core PCE, said to be the Fed’s favorite measure of inflation. The reading was 4.7% YoY, an increase from December’s (revised higher print) of 4.6% YoY. This backs Read more…