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AUDCAD Faces Correctional Bearish Waves – Forecast for June 21, 2024

AUDCAD Price Analysis The AUDCAD price has recently confirmed the end of its bullish momentum by encountering the 61.8% Fibonacci correction level at 0.9173. This...

USDJPY Price Crawls Upwards – Forecast for June 20, 2024

Current Situation The USDJPY pair is exhibiting a bullish bias, moving above the 158.00 barrier and reinforcing expectations for a continued upward trend. Key Levels and...

GBPUSD Price Awaits Confirmation Signal – Forecast for June 20, 2024

Current Situation The GBPUSD pair remains confined within a narrow range, oscillating between a support level at $1.2700 and a resistance level at $1.2730. As...

EURUSD Forecast: Bearish Sentiment Prevails

The EURUSD price analysis indicates a negative outlook for today, June 20, 2024. The currency pair traded narrowly yesterday due to the U.S. market...

Oil Prices Retreat from Seven-Week Highs on Mixed Signals

Oil prices retreated on Wednesday after reaching seven-week highs, influenced by conflicting factors of summer demand optimism and geopolitical tensions, despite an unexpected increase...

Japan Stocks Close Higher; Nikkei 225 Up 0.29%

Japan stocks finished higher on Thursday, with gains primarily driven by the Textile, Chemical, and Services sectors. At the close, the benchmark Nikkei 225 index...

Guzman Y Gomez Shares Surge 36% in Australia’s Biggest IPO of the Year

Guzman Y Gomez (GYG), the popular Mexican food chain, made a remarkable debut on the Australian stock exchange, marking the country's most successful initial...

What is Spot for a Gram of Gold?

The concept of "spot" in the context of precious metals like gold is essential for investors, traders, and even jewelry buyers. Understanding the spot...

What Does It Mean to Short the S&P 500?

Shorting, or short selling, is an investment strategy used by traders and investors to profit from the decline in the price of a security....

What can replace gasoline?

The quest for alternatives to gasoline has become increasingly urgent in the face of environmental concerns, geopolitical tensions, and the finite nature of fossil...

Sterling Firms Versus Euro and Dollar After UK Inflation Data

Following the release of UK inflation data, the British pound strengthened as underlying price pressures indicated the Bank of England (BoE) might delay interest...

Oil Steady Amid U.S. Stock Build but War Jitters Abound

Oil prices remained largely steady on Wednesday, hovering near their highest levels in seven weeks. Brent crude futures eased by 34 cents to $84.99...

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