This week brings with it a few big-name central bank meetings that you may have already heard about. On Wednesday, the FOMC meets and is expected to hike 25bps. On Thursday, the BOE meets and is expected to hike 50bps. Also on Thursday, the ECB meets and is expected to hike rates by 50bps. These […]
The post Looking to Stay Away from FED, BOE, and ECB this Week? How About AUD/CAD? appeared first on Action Forex.
The stock market wasn’t supposed to open 2025 with a thud. That, at least, was the conventional wisdom. The big rally that erupted after the election of Donald Trump in November was supposed to continue Read more…
EUR/USD’s decline continued to stall above 1.0199 fibonacci level last week. Initial bias stays neutral this week first. But outlook will remain bearish as long as 1.0435 resistance holds. Decisive break of 1.0199 will resume Read more…
USD/JPY edged higher last week but upside momentum diminished, as seen in 4H MACD, as it approached 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Initial bias is turned neutral this week first. Read more…