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Gold price started another increase and surpassed the $2,440 resistance. Crude oil is showing bearish signs and might decline below $75.00. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a steady increase from the $2,420 zone against the US Dollar. A key bullish trend line is forming with support near $2,440 […]

The post Market Analysis: Gold Price Regains Strength While Oil Price Takes Hit appeared first on Action Forex.

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16/05/2024

AUDUSD Eases After Bullish Spike to 4-Month High

AUDUSD jumps above trading range MACD indicates more gains; but RSI heads south 20- and 50-day SMAs post bullish cross AUDUSD posted a strong bullish day on Wednesday, showing some more upside pressure today, towards a fresh four-month high, exiting from the consolidation area of 0.6390-0.6635. A rally higher until the next resistance level of […]
17/01/2024

USDJPY Rallies Ahead of Key Market Events

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25/12/2023

Forecast: What to Expect from the Euro and Dollar in 2024

Forecast: What to Expect from the Euro and Dollar in 2024 Traditionally, we publish currency forecasts from leading global financial institutions at the turn of the outgoing and incoming years. Having maintained this practice for several years, it enables us to not only peer into the future but also to reflect on past predictions by […]