The New Zealand dollar dropped as much as 0.5% earlier today but has recovered. In the European session, NZD/USD is trading at 0.5684, up 0.10% on the day. New Zealand inflation unchanged at 2.2% New Zealand CPI, released quarterly, was unchanged in the fourth quarter at 2.2% y/y. This was slightly above the market estimate […]
Jun 26, 2024
Can Oil Prices Climb Further Higher? Analyzing the Upward Potential
Key Highlights Crude oil prices gained pace for a move above the $80.00 resistance zone. A key expanding triangle is forming with resistance at $82.50 on the 4-hour chart. Bitcoin is attempting a recovery wave from the $58,500 zone. Gold prices are grinding lower from the $2,365 resistance. Crude Oil Price Technical Analysis In the […]
The post Can Oil Prices Climb Further Higher? Analyzing the Upward Potential appeared first on Action Forex.
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