Headlines Around the Middle East Continue Determining Trading
Markets
The US started its own naval blockade of the Straight of Hormuz in an “open-for-all or close-to-all” policy. The move came after collapsed weekend...
Chinese Tanker Passes the Strait Despite Blockade
In focus today
Focus continues to be in the Middle East with the US blockade of Iranian ports taking effect yesterday afternoon.
For market events, the...
AUD/USD Pressures Resistance, Breakout Could Trigger Surge
Key Highlights
AUD/USD started a fresh increase above 0.7000.
A key bullish trend line is forming with support at 0.6980 on the 4-hour chart.
...
Critical Crossroads: USD/CHF Tests Key Support at 0.78285. Is a Bounce to 0.7900 Up Next?
The overall bias for USD/CHF has turned decidedly bearish in the short to medium term following a significant rejection at the 0.80000 psychological...
WTI (Oil) drops back below $100 After US-Iran Talks Set to Resume – Oil Dynamics and Intraday Analysis
Oil drops below $100 as US-Iran talks are set to resume on Thursday
After gapping higher to $105 at the globex open, anxiety...
AUD/USD Technical Analysis: Bulls Regain Control as Key Psychological Level Holds
The AUD/USD technical outlook is decidedly bullish, with the path of least resistance to the upside.
The pair successfully broke out above the...
