Chart Alert: AUD/USD Kickstarts Fresh Bullish Impulsive Sequence Above 0.7090 Key Support
Key takeaways AUD/USD driven by risk sentiment in the near-term, not fundamentals: The pair continues to behave like a high-beta risk asset, with its correlation to global equities surging to…
Gold continues to consolidate amid the US-Iran stalemate and the more hawkish Fed
FUNDAMENTAL OVERVIEWGold has been stuck in a consolidation for almost a month now despite lower real yields, looser financial conditions and a weaker US dollar. The main thing that’s been…
Gold holds above $4,700 as USD softens on US-Iran peace hopes
Gold (XAU/USD) retains a positive bias above the $4,700 mark heading into the European session on Monday, though it lacks bullish follow-through buying. Reports suggest that Iran gave the US…
Trump has not mentioned Canada paying an ’entry fee’ ahead of USMCA talks, says Carney
Trump has not mentioned Canada paying an ’entry fee’ ahead of USMCA talks, says Carney Source link
AUD/JPY gathers strength above 114.00 on Iran truce proposal
The AUD/JPY cross gathers strength to around 114.15 during the early European session on Monday. Reports that Iran gave the US a proposal for reopening the Strait of Hormuz and…
GBPAUD Wave Analysis – ActionForex
GBPAUD: ⬆️ Buy GBPAUD reversed from support area Likely to rise to resistance level 1.9270 GBPAUD currency pair recently reversed up from the support area between the support level 1.890,…
Citi says oil flow disruption could continue, Brent could hit US$150 / barrel
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
EUR/USD Tests Support—Can It Recover And Resume Upside?
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher…
EURJPY Wave Analysis – ActionForex
EURJPY: ⬆️ Buy EURJPY reversed from support area Likely to rise to resistance level 1.9270 EURJPY currency pair recently reversed up from the support area between the key support level…
Chinese Insurance Companies Conduct First Gold Transaction at SGE
On February 7, China launched a pilot program allowing certain insurance companies to invest in gold as part of their medium to long-term asset allocation strategies. According to the National…
