The price of West Texas Intermediate (WTI) crude oil, a significant US benchmark, hovered near $80.50 per barrel on Monday. This increase is driven by geopolitical concerns and anticipated summer demand. Tensions in the Middle East are heightening...
AUD/USD is trading at 0.6663, which is 0.24% higher for the day. Australian inflation is increasing rapidly. In May, Australia's CPI reached up to 4.0% from April's 3.6%, which was above the market's estimate of 3.8%. This is the highest level since...
Gold (XAU/USD) has recently demonstrated strong movement in the market. It's crucial for traders to grasp its potential resistance and support levels. Let's analyze the key barriers and targets for XAU/USD. Firstly, significant resistance is...
The USD/CHF pair began the Asian trading session with a slight uptrend, maintaining its momentum despite the weakening US dollar, which makes the Swiss franc relatively cheaper. Today, there were no major economic updates from Switzerland, so...
The NZD/USD currency pair is currently exhibiting a bearish bias in its recent price action analysis. Analysts and traders are observing a downward trend with projected targets indicating further potential declines. The pair's movement suggests a...