Bitcoin Wave Analysis – Action Forex

Bitcoin: ⬆️ Buy Bitcoin reversed from support level 116065.00  Likely to rise to resistance level 122775.00 Bitcoin cryptocurrency recently reversed up from the key support level 116065.00, which also stopped the earlier minor correction 2 at the start of June. The support level 116065.00 was further strengthened by the support trendline of the daily up … Read more

Silver Wave Analysis – Action Forex

Silver: ⬆️ Buy Silver broke resistance level 39.00 Likely to rise to resistance level 40.00 Silver recently broke the resistance level 39.00, which stopped the previous impulse wave i earlier this month, as can be seen from the daily Silver chart below. The breakout of the resistance level 39.00 should accelerate the active impulse waves … Read more

Calm FX Session Sees Franc Slips, Yen Recovers

Forex markets are trading with a relatively subdued tone as the US session gets underway, with limited broad-based momentum among major currencies. The most notable move is a selloff in the Swiss Franc, which appears largely technical, led by a bullish bounce in EUR/CHF. Meanwhile, Yen is seeing a modest recovery, likely driven by profit-taking … Read more

Greenback Recovers from Powell Firing Whipsaws, Aussie Crushed by Jobs Shock

Dollar swung sharply overnight as speculation swirled around the fate of Fed Chair Jerome Powell. Reports surfaced that US President Donald Trump was preparing to fire Powell imminently, with one claim suggesting a dismissal letter had already been drafted and shown to lawmakers during a meeting on cryptocurrency legislation. Dollar initially plunged on the news … Read more

Dollar Holds Firm on Solid Data, Aussie Lags After Jobs Miss, Japan Steps Up Tariff Talks

Dollar remains broadly firm in early US session after a round of stronger-than-expected data reaffirmed the resilience of the US economy. However, gains are being capped as traders digest lingering political risks, including uncertainty over the status of Fed Chair Jerome Powell, and wait for further clarity from upcoming sentiment data. U.S. futures are flat, … Read more

Muted Dollar Pullback Leaves Weekly Gains Intact

Dollar is seeing a modest pullback in today’s trading, yet it remains the strongest performer for the week. Market activity has been relatively subdued in the absence of major data or headlines. Traders now turn their attention to the University of Michigan’s consumer sentiment and inflation expectations data due later today. These numbers could shed … Read more

Dollar Stays Top as Resilient Data Overshadows Tariff and Political Risks

Markets showed surprising composure last week as equities climbed and Dollar dominate FX rankings. NASDAQ’s relentless ascent and a fresh record for the S&P 500 highlighted investor confidence despite growing political noise and tariff tensions. Elsewhere in FX, Euro and Sterling held firm, along with Loonie but were largely lifted by relative outperformance. Meanwhile, Aussie … Read more