The sell-off of the USD resumed yesterday as stocks found support with a “turnaround Tuesday” price action. We see commodity currencies very strong across the board, with room for further gains after retracement. However, EUR will be under the spotlight this week because of ECB situation and also because of Nord Stream. Putin said if […]
The post EUR/USD With a Bullish Price Action ahead of ECB 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…