EUR/GBP’s rise from 0.8221 resumed last week and hit as high as 0.8817. But with a temporary top formed, initial bias remains neutral this week for consolidations. Further rise is expected as long as 0.8750 Read more…
EUR/AUD’s extended decline last week dampened the original bullish view, and suggests that corrective pattern from 1.8554 is extending with a thirds. Initial bias stays neutral this week first. Firm break of 1.7569 support will Read more…
EUR/CHF recovered last week but outlook is unchanged. Price action from 0.9208 is seen as a corrective pattern, and upside should be limited by 0.9311 support turned resistance. On the downside, below 0.9236 minor support Read more…
Monday, Nov 3, 2025 Tuesday, Nov 4, 2025 Wednesday, Nov 5, 2025 Thursday, Nov 6, 2025 Friday, Nov 7, 2025 The post Summary 11/3 – 11/7 appeared first on Action Forex.
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Week in review: Fed Delivers Hawkish Surprise The week draws to a close on a positive note after starting out with a host of risks to consider. However, one by one those risks were navigated Read more…
Canadian Highlights The Bank of Canada delivered a quarter-point interest rate cut, but indicated it is comfortable with the current policy rate, making further cuts unlikely in the near term. Export-reliant sectors continue to struggle Read more…
Summary United States: The Rate Outlook Just Got Cloudier Data remain relatively scarce on day 31 of the government shutdown. Consumer perceptions of the labor market are very weak, and home sales appear to have Read more…
The U.S. government shutdown continues to prevent the release of key economic data with the coming week’s U.S. September international trade and October jobs reports unlikely to be published on schedule. The shutdown will also Read more…
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