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AUDUSD remains constructive and consolidating Tuesday’s 0.80% advance, as this morning’s RBNZ rate cut by 25 basis points negatively impacted Aussie dollar, but dips were limited, due to strong near-term bullish sentiment on revived risk appetite. Technical studies are bullish on daily chart (rising positive momentum / MA’s turning to bullish setup) with strong bullish […]

The post AUD/USD Outlook: Keeps Firm Tone Ahead of US Inflation Data appeared first on Action Forex.

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30/11/2023

Today OPEC+ May Announce New Oil Production Cuts

According to WSJ, the reduction could be 1 million barrels per day. Saudi Arabia is in favour of cuts, but the idea causes disagreements among other members of the organisation. In anticipation of news about the OPEC+ decision, the price of oil is rising – this indicates that market participants assess the possibility of new […]
08/04/2024

BTC/USD Analysis: Bitcoin Price Rises Ahead of Halving

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22/05/2024

GBPUSD Renews Positive Momentum Within Channel

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