In the European session, the Australian dollar is trading at 0.6991, up 0.10% on the day. This follows massive gains on Monday, when AUD/USD soared 1.04% and briefly pushed above the symbolic 70 level. The US dollar’s recent rally has fizzled, but don’t count Uncle Sam out. US Treasury yields have been dropping, which is […]
The post Aussie Rally Takes Breather appeared first on Action Forex.
Key Highlights Gold found support near $3,250 and started a fresh increase. A key bullish trend line is forming with support at $3,355 on the 4-hour chart. EUR/USD is moving higher above the 1.1550 resistance Read more…
USDJPY has been range-bound between 142.30 and 146.29 since mid-May, following a five-month downtrend. Volatility within the range has remained elevated, driven by a combination of geopolitical developments and key data releases impacting multiple asset Read more…
Trading at ~$71.37, WTI has fallen by over 2.30% in today’s session, undoing previous gains made in the Asian session. WTI (WTICOUSD): Key Takeaways Rallying to 5-month highs of ~$76.29 on Friday, WTI has retraced Read more…