AUDUSD Market Analysis: Rebound and Potential Breakout

Forex

The AUDUSD pair has shown a strong rebound after breaking below a particular level and is now faced with resistance. This article considers its potential future movements. Rebound after Breaking Below After breaching down the 0.6524 level, AUDUSD has seen a strong return from 0.6508 and is currently facing resistance at 0.6624. Potential Breakout a

Trading Effect on a Portfolio

Forex

<img src="https://fxopen.com/blog/en/content/images/2024/02/main0202_01.jpg" alt="Trading Effect on a Portfolio" /><p>When a person decides to join the financial world and buy stocks, commodities, currency, or perhaps even cryptocurrency*, they have to think about the approach they take to their management. There is

Weekly Summary And Review 2nd February 2024

Forex

<p>Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of February 2nd 2024 is here. It is now time to recap and summarize the trade setups that we had during this week. Below you will find a short explanation of all the trade setups we had this week and how it […]

Crude Futures Fall As OPEC Holds Steady

Forex

Crude Correction DeepensFollowing a move above the December highs last week, oil prices have turned sharply lower this week with crude futures now down around 7% from YTD highs. The sell-off comes as OPEC+ this week held its production quotas unchanged. There had been speculation of a potential further decrease in production levels suggesting some

Labour accused of ‘massive backward step’ over decision to drop £28bn green investment pledge – UK politics live

Forex

<p>Sources say party will keep plan to invest in green infrastructure but will in effect cut green ambitions by about two-thirds Good morning. After weeks of uncertainty about its future, the Guardian is reporting that Labour&#8217;s plan to spend &#163;28bn a year on green investment projects is definitely set to go. That does not me

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