Summary 10/28 – 11/1 – Action Forex

Monday, Oct 28, 2024 Tuesday, Oct 29, 2024 Wednesday, Oct 30 2024 Thursday, Oct 31, 2024 Friday, Nov 1, 2024
The post Summary 10/28 – 11/1 appeared first on Action Forex.

Monday, Oct 28, 2024 Tuesday, Oct 29, 2024 Wednesday, Oct 30 2024 Thursday, Oct 31, 2024 Friday, Nov 1, 2024
The post Summary 10/28 – 11/1 appeared first on Action Forex.
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday December 3rd and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
2025.12.16 2025.12.16 Yen Stands Firm On BOJ Rate Hike Expectations. Forecast as of 16.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Japanese government does not control the Bank of Japan’s decisions. However, the yen is sensitive to the pace of monetary policy normalization. The USD/JPY pair will also be driven by US labor market statistics. Let’s discuss these topics…
Key Highlights EUR/USD started a recovery wave from 1.1465. A major bearish trend line is forming with resistance at 1.1620 on the 4-hour chart. GBP/USD recovered some losses and climbed above 1.3120. USD/JPY is consolidating above the 152.50 support. EUR/USD Technical Analysis The Euro found support near 1.1465 against the US Dollar. EUR/USD formed a…
Gold is at the highs of the day, up $38 to $3681 which nearly brings it back to where it was trading minutes before the FOMC decision. It’s also just $20 from the all-time high. This week was a test for gold as it was hit by a somewhat hawkish Fed and higher Treasury yields….
The 4-Week High/Low Trading Strategy: A Simple Trend-Following System Explained Strategies When I first came across the 4-week high/low trading strategy, I was co-managing a forex dealing room for a commodities firm. Having spent years as an interbank dealer, this was my first real introduction to technical analysis. I was never quite sure whether to…
The highlight of the session was Trump’s announcement on Truth Social of the lifting of the US naval blockade and a “final determination” on a broader agreement to follow shortly in the White House Situation Room. This gave the positive risk sentiment a further boost, with oil prices extending losses. Iranian sources suggested the public…