US CPI steady at 2.4% in February, core unchanged at 2.5

    US CPI steady at 2.4% in February, core unchanged at 2.5

    US inflation rose slightly faster than expected in February, though the broader price trend remained stable. Headline CPI increased 0.3% mom, above the expected 0.2% rise, while core CPI—which excludes food and energy—rose 0.2% on the month, matching market expectations. Housing costs continued to play the largest role in the monthly increase. The shelter index…

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    EUR/USD Reclaims Ground While USD/JPY Momentum Fades

      EUR/USD Reclaims Ground While USD/JPY Momentum Fades

      EUR/USD is recovering losses from 1.1500. USD/JPY is correcting gains from 159.00 and might decline further if it stays below 158.30. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro struggled to stay in a positive zone and declined below 1.1700 before finding support. There was a break above a connecting bearish trend line…

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      USD/CAD Daily Outlook - ActionForex

        USD/CAD Daily Outlook – ActionForex

        Daily Pivots: (S1) 1.3547; (P) 1.3575; (R1) 1.3609; More… Intraday bias in USD/CAD is turned neutral first with a temporary low formed at 1.3524. Nevertheless, outlook is unchanged that consolidation pattern from 1.3480 could have completed at 1.3751, after hitting 55 D EMA (now at 1.3704). Risk will stay on the downside as long as…

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        AUD/USD Daily Report - ActionForex

          AUD/USD Daily Report – ActionForex

          Daily Pivots: (S1) 0.7058; (P) 0.7115; (R1) 0.7177; More… AUD/USD’s rally resumed by breaking through 0.7146 resistance today. Intraday bias is back on the upside for 100% projection of 0.5913 to 0.6706 from 0.6420 at 0.7213. Decisive break there could prompt upside acceleration to 161.8% projection at 0.7703. For now, outlook will remain bullish as…

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          Ethereum Coils in Key Zone, Traders Brace for Break

            Ethereum Coils in Key Zone, Traders Brace for Break

            Key Highlights Ethereum remained in a range above the $1,850 support. A rising channel is forming with support at $1,865 on the daily chart of ETH/USD. Bitcoin price started a fresh recovery wave above $68,000 and $68,500. XRP is consolidating above the key support at $1.3350. Ethereum Technical Analysis Ethereum failed to surpass $2,200 and…

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            WTI Oil Eases Further on Encouraging Signals

              WTI Oil Eases Further on Encouraging Signals

              WTI oil extends pullback from Monday’s 3 ½ year high ($119.44) on Tuesday, following unexpected and sharp change in the sentiment after President Trump said that war in the Middle East could end soon. He also signaled that the US may lift some sanctions on sales of Russian oil, to partially compensate negative impact from…

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              Gold Price Holds Near Key Support

                Gold Price Holds Near Key Support

                As the XAU/USD chart shows, the gold price has been holding within the $5,060–$5,200 range over the past several sessions. Bullish view: the key support is the lower boundary of the long-term channel that has been in place since the beginning of 2026. Bearish view: pressure on the price comes from statements by President Trump…

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                EUR/USD Chart Analysis: Pair Rebounds from the Year’s Low

                  EUR/USD Chart Analysis: Pair Rebounds from the Year’s Low

                  Analysing the EUR/USD chart five days ago, we: → constructed a downward channel, noting signs that the bears remained in control; → outlined a scenario in which the rate would decline to a new yearly low (and test the lower boundary of the channel). Yesterday’s price action confirmed these assumptions – the low at H…

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