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Discover Latest #Forex News, Articles and Videos with Contenting
Forex news is one of the most important factors in the Forex markets. This is why it is essential for traders to stay up to date on the latest news and developments. There are many sources of Forex news, including online sources, newspapers, magazines, and television. Here are some of the most popular sources for Forex news: 1. Online Forex News Sources: There are many websites that provide up to date Forex news. Some of the most popular sites include ForexLive, Forex Factory, and Forex Daily. These websites offer a range of news and analysis on the Forex markets, as well as a range of tools and resources to help traders make better decisions. 2. Newspapers: Newspapers are another great source of Forex news. Many newspapers have dedicated sections that cover the Forex markets and other financial markets. 3. Magazines: There are also a number of magazines that provide Forex news and analysis. Some of the most well-known magazines include Bloomberg, Wall Street Journal, and Financial Times. 4. Television: Television is also a great source of Forex news. Many news channels such as CNBC, Fox Business, and Bloomberg TV offer regular updates on the Fore
EUR/USD Daily Outlook - Action Forex
Intraday bias in EUR/USD is back on the upside with breach of 1.1779 resistance. Rise from 1.1390 should extend to retest 1.1829 high. Firm break there will resume larger up trend to 1.1916 projection level next. On the downside, below 1.1715 minor support will turn intraday bias neutral again first.
USD/JPY Daily Outlook - Action Forex
Outlook in USD/JPY is unchanged and intraday bias stays neutral. More consolidations could be seen first. Further fall is in favor as long as 149.12 resistance holds. Firm break of 146.29 will solidify the case that whole rebound from 139.87 has completed with three waves up to 150.90. Deeper decline should then be seen to 100% projection of 150.90 to 146.20 from 149.12 at 144.42.
GBP/USD Daily Outlook - Action Forex
Intraday bias in GBP/USD remains on the upside for the moment. Rise from 1.3140 should continue to retest 1.3787 high. Decisive break there will resume larger up trend to 1.4004 projection level. On the downside, below 1.3523 support will turn intraday bias neutral again first.
Asian forex muted amid weak China data - Trading and Investment News
The yuan’s USD/CNY pair dropped slightly and remained close to a 10-month low hit last week Most Asian currencies kept to a tight range on Monday with the yuan muted after more weak economic prints from China. The yen’s USD/JPY pair dropped 0.2% in holiday-thinned trade, while the Australian dollar’s AUD/USD pair added 0.2%. The […]