Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.
Since April 7, 2025, the DAX Index has been advancing in a clear impulsive cycle, originating from a low that has set the stage for a structured upward movement. The initial advance, wave 1, concluded at 20468.43. It was followed by a corrective pullback in wave 2, which found support at 19384.39. The subsequent rally […]
The post Elliott Wave Outlook: DAX Set to Rally Higher in Wave 5 appeared first on Action Forex.
Gold prices fell below 3,300 USD per troy ounce on Wednesday, extending losses after a 1% decline the previous day. The downward pressure stemmed from the Federal Reserve’s cautious stance, which partially offset concerns over escalating trade tensions. US President Donald Trump dismissed any further delays to tariff hikes set for 1 August, announcing additional […]
The post Gold Drops Below $3,300 as Fed Rate Forecasts Shift appeared first on Action Forex.
This follows other news that seem to suggest that negotiations got sped up and a deal or something that looks like it could be within close reach. Trump is likely to get away with the 10% tariff though but will likely make other concessions to secure the deal.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
AUD/USD is attempting a fresh increase from the 0.6485 support. NZD/USD is struggling and might decline below the 0.5980 level. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar found support at 0.6485 and recovered against the US Dollar. There is a key bearish trend line forming with resistance at 0.6535 on the […]
The post AUD/USD Attempts Fresh Climb as NZD/USD Slips appeared first on Action Forex.
Markets Markets headlines yesterday still were dominated by the ongoing flurry of trade-war communication as launched by US president Trump. Even so, in particular on interest rate markets, global public debt sustainability was at least as important as a market driver. The trigger again came from two ‘market outsiders’: the UK and Japan, with the […]
The post Multiple, Often Diffuse, Trade Headlines Leave Little Visibility to Set Up Directional Trades appeared first on Action Forex.
Both sides look to be working towards a temporary “framework” agreement as outlined here. However, there might be a sticking point on agrifood so we’ll have to see. The EU has maintained that they will fight back if need be but for now, a temporary “deal” will at least help to kick the can down the road for a few more weeks/months.
This article was written by Justin Low at www.forexlive.com.
In case you’re wondering what this is related to: China restricts government purchases of medical devices from the EU – retaliation
This article was written by Justin Low at www.forexlive.com.
The latest report here on a EU-US deal is helping with the mood, as the EU will be slapped with lower tariffs as both sides continue to negotiate. The deadline though looks set to go past 1 August but again, it’s a matter of whether or not Trump will lose his patience before then. As for the broader market mood, things are more tentative on the day. S&P 500 futures are down 0.06% as we get the session underway.
This article was written by Justin Low at www.forexlive.com.