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AUDUSD hit new 2025 high on Monday (the highest since mid-December) in extension of broader rally in past two weeks (up nearly 5% on bounce from the lowest level in almost four years). Weaker US dollar continue to fuel Aussie dollar’s advance, which turned the picture on daily chart positive and generating initial reversal signal. […]

The post AUD/USD: Holds Near New 2025 High Ahead of RBA Rate Decision appeared first on Action Forex.

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14/06/2024

WTI Oil Week Ahead: WTI Eyes $80 a Barrel on Demand Optimism

WTI Oil on course for its best week in over two months. WTI unfazed as OPEC and IEA forecast paint differing demand pictures. WTI eyeing trendline break and psychological $80 a barrel mark. Fundamental Overview and Week in Review WTI oil prices are experiencing a resurgence this week, driven by demand optimism. This positions WTI […]
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Japan’s Consumer Spending Slips, Yen Extends Gains

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CADCHF Wave Analysis

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