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Gold price rose on Thursday morning as new packages of increased US import tariffs took effect, adding to high global uncertainty and prompting investors into safety. Fresh rise cracked strong resistances at $3400 zone (Fibo 76.4% of $3438/$3268 / psychological /upper triangle boundary) but failed to break higher on first attempt. As expected, bulls faced […]

The post XAU/USD: Gold Cracks Key Resistance Zone on Fresh Wave of Safe Haven Demand appeared first on Action Forex.

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27/05/2025

Volatile USD/JPY Moves: What’s Driving the Action

Another day where markets hang on to a positive sentiment following a similar picture from yesterday – risk-assets are in the green and safe-havens are lagging on the day. The US dollar as recently shines on optimist flows from markets, though as the DXY is still trading below the 100.00 level. The Greenback is leading […]
11/06/2024

Key Factors Influencing AUDUSD: Analysis and Trading Scenarios

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24/10/2024

AUD/USD Outlook: Bears Take a Breather

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