The long-anticipated escalation in trade tensions has officially materialized as US President Donald Trump imposed sweeping tariffs over the weekend. A 25% tariff is now in effect on imports from Canada and Mexico, while China faces a 10% levy on its exports to the US. The move, widely expected, marks the formal start of what […]
The post Trade War 2.0 kicks off, USD/CAD breaks key resistance with 1.50 in sight appeared first on Action Forex.
Daily Pivots: (S1) 190.63; (P) 191.47; (R1) 191.92; More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 193.72. Further rise is expected as long as 189.97 support holds. Above 193.72 Read more…
Daily Pivots: (S1) 162.15; (P) 163.02; (R1) 163.48; More… Intraday bias in EUR/JPY remains neutral at this point, and some more consolidations could be seen. But further rally is expected as long as 161.68 support Read more…
Daily Pivots: (S1) 0.8504; (P) 0.8518; (R1) 0.8527; More… Intraday bias in EUR/GBP stays neutral at this point. On the downside, below 0.8478 will target 55 D EMA (now at 0.8455). Sustained trading below there Read more…