Gold: ⬆️ Buy Gold reversed from support zone Likely to rise to resistance level 3300.00 Gold recently reversed up from the support zone located between the pivotal support level 3155.00 (former top of the impulse wave 3 from the start of April), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse […]
The post Gold Wave Analysis appeared first on Action Forex.
RBNZ’s latest Survey of Expectations for May revealed a notable uptick in inflation forecasts across all time horizons. One-year-ahead inflation expectations climbed from 2.15% to 2.41%, while two-year expectations rose from 2.06% to 2.29%. Even Read more…
The US–China 90-day deal shows that actual outcomes are typically less bad than the ambit claims the Trump administration first announces. Once again, the US administration has shown that its initial announcements are usually ambit Read more…
Key Highlights USD/JPY started a downside correction and traded below 147.20. A connecting bullish trend line is forming with support at 144.50 on the 4-hour chart. EUR/USD could aim for a recovery if it clears Read more…