•••AUD/USD: Current Trends and Key Factors Driving Price Movement••• The AUD/USD pair is hovering around 0.6518 for buying and 0.6515 for selling, showing signs of consolidation within a narrow range. The market appears to be in a holding pattern as...
The main events by the morning: November 29 Steelmaking is declining in Russia. According to data for January-October 2024, steel production decreased by 7% compared to the same period last year and amounted to 59.1 million tons. The largest drop...
Crude oil prices are currently navigating a turbulent landscape, with West Texas Intermediate (WTI) crude hovering around $67.80 per barrel as of Friday’s US trading hours. However, a closer look at the market suggests that WTI prices could see...
Technical Analysis BTC/USD 1-hour chart: BTC/USD tested the support zone at 95500, which is closely aligned with the 100 simple moving average on the hourly timeframe. This level has created a strong base for buyers. After testing the support 95500,...
The white metal is showing signs of recovery, trading near $31.00 during the American session on Friday, after bouncing back from an 11-week low of $29.60 earlier in the week. The white metal’s strength comes amid heightened geopolitical tensions,...
