Key Highlights AUD/USD declined sharply and tested the 0.6860 support zone. A key bearish trend line is forming with resistance near 0.6965 on the 4-hours chart. Crude oil price found support near $87.20 and recovered above $92.00. The US Manufacturing PMI declined from 52.2 to 51.3 in August 2022 (Preliminary). AUD/USD Technical Analysis The Aussie […]
The post AUD/USD Revisits Key Support, Oil Price Recovers appeared first on Action Forex.
One of the most closed-off countries in the world, North Korea is both difficult and dangerous to access. Under the control of the Kim dynasty since the end of World War II, the northern part Read more…
Boeing (BA) reportedly landed a deal worth up to $289 million to supply Israel with as many as 5,000 smart bombs, putting its defense business back in focus. The bigger market takeaway is timing: deliveries Read more…
Markets The Brent crude price shows no sings of cooling off today with the $100/b mark nearby. Hostile comments from both sides suggest no near-term end to the Middle East conflict with Iran’s Khamenei for Read more…