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Quick Look: Natural gas trends bullish at $2.01; potential resistance up to

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Weekly Market Overview: Forex, Stocks, Crypto, Commodities. Kucoin, near
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Quick Look: NEAR Protocol sees a strong price rally, currently trading at

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gas
Commodities

Quick Look: Natural gas trends bullish at $2.01; potential resistance up to

crude - Saudi Arabia is voluntarily reducing oil production
Commodities

Quick Look: WTI Crude Oil (CM: CL) finished $1.82 higher, closing at

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USD - Reflections and lessons learned

Currency Update: USD Weakens, EUR and GBP Rally

Quick Look: USD Index drops to 104.00, weakened by subpar economic indicators, hinting at investor unease. Euro and Pound gain on optimism, breaking key technical levels. WTI crude >$86/bbl, Gold nears $2,300/oz, Silver >$27/oz. Influences market sentiments with varied

Wibest – the aud: Austalian dollar bills.

Australian Dollar’s Turbulent Trade: USD And JPY Market Analysis

Quick Look: The Australian Dollar consolidates against the USD and finds support at 0.6450. Global risk appetite influences AUD’s strength against USD. AUD/JPY sees a modest increase, with resistance at Tenkan-Sen, 100.50, and 101.00. As of Tuesday, the AUD/USD

Wibest – the aud: Austalian dollar bills.

AUD Market Analysis: Key Trends & Numbers

Quick Look: AUD/USD is close to crucial support, hinting at possible further declines or a bullish reversal. EUR/USD approaches a support zone, with its future direction depending on its resilience. GBP/USD’s fluctuations around its SMA indicate uncertainty in its

Japanese yen stacked banknotes closeups

Yen Stronger after US Sues China’s Huawei

The yen was stronger against its peers on Tuesday with investors trying to take refuge in safe-haven assets after the US Justice Department charged Chinese giant Huawei Technologies Co Ltd with fraud, ramping up the US-China trade tensions. The

100 USD notes

US Dollar Perks Up, Aussie Recovers from Losses

The US dollar retained its recent gains versus its major peers on Tuesday, backed by a recovery in investor’s risk appetite, which gave an overnight boost to US yields. The Australian dollar gained, recouping earlier losses, after the Reserve

dollar bills splayed out on table

Dollar Firm after Trump’s Speech Showed No Surprises

US President Trump’s State of the Union Address, which tackled trade and budget concerns but otherwise did not surprise listeners, showed no drastic effects on the dollar on Wednesday. Trump delivered an outline of his concerns for the coming

wibest - euro banknotes splayed on keyboard

Euro Weakens on Pessimistic Economic Outlook

The euro slipped to a new two-week low against the dollar during the early trading in Europe, with traders expecting more pessimism over the global economic outlook. German industrial output data have already set the tone, showing a drop

BROKER NEWS

Broker News

Admirals UK Achieves Profit Turnaround in 2023

Admirals (formerly known as Admiral Markets), based in the UK, ended 2023 on a high note by earning a net profit of over £46,000. It was a significant improvement from a nearly £291,000 loss the year before.  The company’s revenue soared by 40% to £8.4 million. Despite higher administrative

NZD/USD - NZD USD digital trading chart.

NZD/USD Edges Up 0.55%, Yet Bears Dominate

Quick Look: NZD/USD edges higher by 0.55%, still under bearish control. Daily RSI at 44; Hourly RSI peaks at 76, hinting at short-term bullishness. Trades below key SMAs; bearish Measured Move pattern suggests targeting 0.5800s. US Services PMI miss vs. NZ economic contraction; RBNZ holds on rates. Short-term relief is possible,

USD - Reflections and lessons learned

Currency Update: USD Weakens, EUR and GBP Rally

Quick Look: USD Index drops to 104.00, weakened by subpar economic indicators, hinting at investor unease. Euro and Pound gain on optimism, breaking key technical levels. WTI crude >$86/bbl, Gold nears $2,300/oz, Silver >$27/oz. Influences market sentiments with varied forecasts for major currencies. The USD Index (DXY), a barometer for the

Wibest – the aud: Austalian dollar bills.

Australian Dollar’s Turbulent Trade: USD And JPY Market Analysis

Quick Look: The Australian Dollar consolidates against the USD and finds support at 0.6450. Global risk appetite influences AUD’s strength against USD. AUD/JPY sees a modest increase, with resistance at Tenkan-Sen, 100.50, and 101.00. As of Tuesday, the AUD/USD pair entered a consolidation phase, experiencing a slight rally during the session.

Wibest – the aud: Austalian dollar bills.

AUD Market Analysis: Key Trends & Numbers

Quick Look: AUD/USD is close to crucial support, hinting at possible further declines or a bullish reversal. EUR/USD approaches a support zone, with its future direction depending on its resilience. GBP/USD’s fluctuations around its SMA indicate uncertainty in its next movement direction. EUR/AUD maintains a neutral to cautiously bullish outlook, influenced

Dukascopy’s Trading Revenue Takes an 80% Hit in H1

The Swiss-based Dukascopy today made its interim consolidated income statement public. The report showed a sharp 80% plunge in profits, dropping to CHF 889,000 in H1 of this year from CHF 3.9 million during

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