Summary 5/19 – 5/23 – Action Forex

Monday, May 19, 2025 Tuesday, May 20, 2025 Wednesday, May 21, 2025 Thursday, May 22, 2025 Friday, May 23, 2025
The post Summary 5/19 – 5/23 appeared first on Action Forex.

Monday, May 19, 2025 Tuesday, May 20, 2025 Wednesday, May 21, 2025 Thursday, May 22, 2025 Friday, May 23, 2025
The post Summary 5/19 – 5/23 appeared first on Action Forex.
As the AUD/USD chart indicates, the pair updated its yearly highs today, reaching levels above 0.6710. Since the beginning of December, it has risen by approximately 2.45%. Key bullish drivers include: → Central bank policy divergence. While the Federal Reserve is cutting interest rates, the Reserve Bank of Australia is seriously discussing the possibility of…
Markets are about to focus on Canadian jobs data, with USD/CAD’s mid-channel resistance offering clues on which currency takes control. Will the pair extend its broader downtrend? Or will buyers step in and push price back toward higher inflection points first? We’re taking a closer look at the 4-hour chart! USD/CAD 4-hour Forex Chart Faster…
Tomorrow, on 15 November, Alibaba (BABA) will release its third-quarter 2024 earnings report. Analysts forecast a drop in earnings per share to $2.11 from $2.26 in the previous quarter. Ahead of the report, Alibaba’s share price has shown a downward trend, with a decline of over 20% from its October high. This drop is attributed…
Ministers have been urged to treat suicide as a public health crisis after the rate at which people killed themselves in England and Wales reached the highest level in more than two decades. The official figures, described by the suicide prevention charity Samaritans as “worse than expected”, showed 6,069 suicides were registered in the two…
Broadcom Inc., (AVGO) designs, develops & supplies various semiconductor devices with focus on complex digital & mixed signal complementary metal oxide semiconductor. The company operates in two segments, Semiconductor Solutions & Infrastructure Software. It is based in Palo Alto, CA, comes under Technology Sector & trades as “AVGO” ticker at Nasdaq. AVGO is trading at…
The week ended with markets awaiting the key Federal Reserve meeting on September 16–17. The euro held around 1.1730, Bitcoin resumed its growth, the average Brent crude price remained at $66.50 per barrel, while gold once again renewed its all-time high. 💶 EUR/USD The euro closed the week at 1.1734. Buyers are vigorously defending the…