News

Renewing all-time highs earlier today, around ~$4,218, gold (XAU/USD) has extended gains further so far in this week’s trading. With 2025 representing the best yearly performance in the yellow metals’ history by some margin, traders are left with one burning question: When will the current rally end? Let’s break down some of the major macroeconomic […]

The post Gold (XAU/USD) Rallies to All-Time Highs of $4218 on Trade Tremors and Rate Cut Expectations – Potential Targets and Price Forecast appeared first on Action Forex.

The run in Silver prices has been nothing short of extraordinary. Since the start of the year, the metal has surged more than 80%, with most of the move unfolding after Powell’s late-August speech at Jackson Hole (+37% in a 44-day span). Having broken its 2011 record highs of $49.81, Silver now trades comfortably above […]

The post Silver (XAG/USD) squeeze shakes market participants appeared first on Action Forex.

The run in Silver prices has been nothing short of extraordinary. Since the start of the year, the metal has surged more than 80%, with most of the move unfolding after Powell’s late-August speech at Jackson Hole (+37% in a 44-day span). Having broken its 2011 record highs of $49.81, Silver now trades comfortably above […]

The post Silver (XAG/USD) squeeze shakes market participants appeared first on Action Forex.

EUR/JPY printed a hammer candlestick yesterday just above a key support level hinting at a potential bullish continuation. The bullish daily candle close also came after three successive days in the red but today has seen price action fail to build on yesterday’s momentum. EUR/JPY has pushed lower testing the lows printed yesterday. What does […]

The post EUR/JPY Forecast: Support at 175.00 Holds the Key to Immediate Bullish Continuation appeared first on Action Forex.

GBPCHF: ⬆️ Buy GBPCHF reversed from support zone Likely to rise to resistance level 1.0750 GBPCHF currency pair recently reversed from the support zone between the strong long-term support level 1.0665 (which has been reversing the price from April) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous […]

The post GBPCHF Wave Analysis appeared first on Action Forex.

Dow Jones: ⬆️ Buy Dow Jones reversed from support zone Likely to rise to resistance level 47000.00 Dow Jones index recently reversed up from the support zone between the key support level 45470.00 (former resistance from August), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from August. The upward reversal […]

The post Dow Jones Wave Analysis appeared first on Action Forex.