AUD/USD Weekly Report – Action Forex

AUD/USD edged lower last week but lost momentum just ahead of 0.6169 key support. Further decline remains in favor as ...
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BlackRock’s Bitcoin ETF suffers record-high outflows of $332 million

Key Takeaways BlackRock’s IBIT experienced a record single-day outflow of $332 million on January 1. US spot Bitcoin ETFs collectively ...
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Yuan Pressure Against Dollar, But Rises Against CFETS Basket

The Chinese Yuan presented an interesting paradox in today’s market action. Onshore Yuan sank below 7.3 mark against US Dollar, ...
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XRP jumps 10% to $2.3 as 2025 kicks off

Key Takeaways XRP surged 10% to $2.3 on the first trading day of 2025. XRP dominated trading volumes over Bitcoin ...
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GBP/USD Struggles: Is a Deeper Drop on the Horizon?

Key Highlights GBP/USD failed to start another increase above the 1.2800 resistance zone. A major bearish trend line is forming ...
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Robinhood hints crypto reward for users tonight

Key Takeaways Robinhood plans to distribute crypto rewards to eligible users accessing their countdown screen at a specific time. Rewards ...
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USD/JPY Mid-Day Outlook – Action Forex

Daily Pivots: (S1) 152.05; (P) 152.41; (R1) 153.03; More… USD/JPY’s rally from 148.64 is still in progress, and intraday bias ...
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‘We’re going to do something great with crypto’ as he rings the NYSE bell

Key Takeaways Trump: ‘We’re going to do something great with crypto’ during NYSE bell-ringing. Trump claims US must double energy ...
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GBP/JPY Daily Outlook – Action Forex

Daily Pivots: (S1) 193.03; (P) 193.92; (R1) 195.31; More… GBP/JPY’s break of 55 D EMA mixes up the original bearish ...
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US November CPI matches expectations, Fed rate cut likely ahead

Key Takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders are ...
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