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Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of NASDAQ (NQ_F) published in members area of the website. As our members know, $NQ_F is forming impulsive bullish sequences in the cycle from the 16441.7 low. Recently, we forecasted the end of the short-term pull back and called […]
The post NASDAQ (NQ_F) Elliott Wave: Forecasting the Rally From the Equal Legs Zone appeared first on Action Forex.
China’s government announced Wednesday that it will strengthen efforts to stabilise employment, unveiling plans to expand targeted loans and increase social insurance subsidies for businesses in a bid to spur hiring. In a notice issued by the State Council, authorities said they will enhance the existing policy toolkit and introduce additional measures as needed in response to evolving labour market conditions.
The move underscores Beijing’s growing focus on employment stability amid ongoing economic pressures, including weak consumer demand and a sluggish property sector. The government said it remains committed to supporting key sectors and vulnerable groups, aiming to shore up job creation and maintain social stability.
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China Daily has much more here:
This article was written by Eamonn Sheridan at www.forexlive.com.
The post Eco Data 7/10/25 appeared first on Action Forex.
The second largest cryptocurrency has been on a consistent grind in the past two weeks after seeing some heavy selling flows during the Israel-Iran War, taking its prices close to the $2,000 mark but since, has been posting a slow but strong rally, fuel for further continuation. Crypto markets haven’t taken a significant direction for […]
The post Ethereum’s Steady Performance Sets the Stage for Upside Breakout appeared first on Action Forex.
Minutes from the Fed’s June 17-18 policy meeting, released at 14:00 EDT, have done little to change the narrative surrounding future monetary policy decisions. Markets predict the Federal Reserve will maintain rates on July 30th and make its first 2025 rate cut in its September 17th decision. Fed Minutes June 17-18: Key takeaways Unanimous in […]
The post FOMC Minutes: ‘A Couple’ of Policymakers to Consider Rate Cuts in July and ‘Most’ Before Year-End appeared first on Action Forex.
The Federal Open Market Committee (FOMC) held the policy rate steady in the target range of 4.25-4.5% at its June 17-18th meeting. The minutes from that meeting highlighted that trade and policy uncertainty and their impact on inflation remained a focal point of discussion. However, uncertainty was rated as having diminished since May (as Liberation […]
The post Minutes Show the Fed Is Edging Closer to the Rate Cut appeared first on Action Forex.