Summary 8/26 – 8/30 – Action Forex

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of EURCAD. In which, the rally from 02 September 2025 low unfolded as impulse sequence & showed a higher high sequence therefore, called for an extension higher to take place. We knew that the structure in EURCAD should…

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As the US Dollar Index (DXY) chart shows, the value of the USD against a basket of other currencies has fallen below 97.30 – its lowest level since late July. The reasons lie in market sentiment ahead of major data releases:→ On Wednesday at 15:30 GMT+3, Producer Price Index (PPI) figures will be published; a…

A clean chart can still tell a messy story. That is usually where traders get stuck: price looks active, but the next move feels uncertain, and every candle seems to argue with the last one. Technical indicators help turn that noise into something readable. They do not predict the market with magic, but they can…

By Wayne Cole SYDNEY (Reuters) – Asian shares edged higher on Monday as investors braced for a busy week of data which culminates in a key U.S. inflation report that could set the stage for a cut in interest rates there, albeit not for a few months yet. Holidays in the United States and UK…