EUR/USD is attempting a recovery wave from the 1.1400 zone. USD/CHF climbed higher above 0.7900 before it started a downside correction. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro declined toward 1.1400 before it started a recovery wave against the US Dollar. There was a break above a major bearish trend line with […]
The post EUR/USD Rebound Continues as USD/CHF Nears Key Inflection Point appeared first on ActionForex.
Daily Pivots: (S1) 1.3298; (P) 1.3332; (R1) 1.3390; More… GBP/USD retreated sharply after hitting 55 4H EMA, but stays above 1.3216 temporary low. Intraday bias remains neutral and some more consolidations could still be seen. Read more…
Daily Pivots: (S1) 0.7853; (P) 0.7888; (R1) 0.7913; More…. USD/CHF recovers today but stays below 0.7921 temporary top. Intraday bias remains neutral and more consolidations could still be seen. Further rally is still expected as Read more…
Gold (XAU/USD) is down 3.3%, breaking the key $5,000 psychological support level ahead of the FOMC The market anticipates a “hawkish hold” from the Fed, potentially delaying rate cuts to 2027, which remains a key Read more…