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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EURUSD Breakdown, 9th December – Action Forex
This Monday, as part of the weekly market review and analysis, we examined the price action on the EURUSD chart ...
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Sunset Market Commentary – Action Forex
Markets Trump’s pick for the US Treasury Secretary triggered a relief rally in the bond market. Scott Bessent brought a ...
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Sunset Market Commentary – Action Forex
Markets November EMU PMI’s were one of the final reality checks going into the December 12 policy meeting (and beyond). ...
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AUD/USD Recovery Faces Headwinds: Upside Still Restricted
Key Highlights AUD/USD extended losses and tested the 0.6440 support. It recovered above a connecting bearish trend line with resistance ...
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Temporary Dollar Dip or Intrinsic Euro Strength?
The Dollar Index is retreating from Thursday’s highs, moving against the logic of fundamental forces. This behaviour begs the question: ...
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Dollar Reasserts Dominance on Fed Expectations and Risk Sentiment
Dollar regained its dominance in the currency markets last week, surging ahead despite US Treasury yields struggling to break through ...
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EURUSD Faces Decline as Fed Signals Firm Stance
EURUSD plunged to a six-month low of 1.0543 on Friday amid strong support for the US dollar following the US ...
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EURUSD Makes Soft Positive Start on US Election Day
EURUSD eyes breakout above 1.0880-1.0900 for further gains Recent rebound is not enough to upgrade short-term outlook A strong rally ...
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Dollar Dominance Temporarily Halts Pre-Election, Upside Potential Remains
Dollar, which has dominated currency markets in recent weeks, finally eased back last week. But this retreat does not necessarily ...
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