WTI holds losses near $60.50 despite OPEC+ output pause
West Texas Intermediate (WTI) Oil price remains subdued for the second successive day, trading around $60.70 per barrel during the Asian hours on Tuesday.
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WTI holds losses near $60.50 despite OPEC+ output pause
West Texas Intermediate (WTI) Oil price remains subdued for the second successive day, trading around $60.70 per barrel during the Asian hours on Tuesday. -
China president Xi reaffirms pledge for cooperation, close communication with Russia
- China, Russia should steadily expand mutual investment
- Should create new growth points for cooperation
- To cooperate in areas such as AI, digital economy, and green development
- To also carry out cooperation in traditional fields such as energy, agriculture
It’s all about the optics. After meeting with Trump last week, Xi is making it known that China’s ties with Russia are still very much clear for all to see. As mentioned last week, nothing has really changed. Beijing will step up some agriculture purchases to appease Trump in the short-term but we’ve seen before how they will slowly lax on that commitment.
This article was written by Justin Low at investinglive.com.
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Gold drifts lower amid receding safe-haven demand, firmer USD; downside seems limited
Gold (XAU/USD) continues with its struggle to find acceptance above the $4,000 psychological mark on Tuesday and meets with a fresh supply during the Asian session. -
Gold drifts lower amid receding safe-haven demand, firmer USD; downside seems limited
Gold (XAU/USD) continues with its struggle to find acceptance above the $4,000 psychological mark on Tuesday and meets with a fresh supply during the Asian session. -
USD/CAD gains ground above 1.4050 amid US Dollar strength, lower crude oil prices
The USD/CAD pair gains ground to near 1.4070 during the Asian trading hours on Tuesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) as traders dial back bets for further Federal Reserve (Fed) rate cuts. -
USD/CAD gains ground above 1.4050 amid US Dollar strength, lower crude oil prices
The USD/CAD pair gains ground to near 1.4070 during the Asian trading hours on Tuesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) as traders dial back bets for further Federal Reserve (Fed) rate cuts. -
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3106; (P) 1.3136; (R1) 1.3174; More… No change in GBP/USD’s outlook and intraday bias stays on the downside. Sustained trading below 1.3140 support should confirm completion of double top pattern (1.3787, 1.3725). Further decline should then be seen to 61.8% retracement of 1.2099 to 1.3787 at 1.2744 next. On the upside break […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1513; (P) 1.1545; (R1) 1.1569; More… EUR/USD’s fall from 1.1917 continues today and 4H MACD suggests that downside momentum remains firm. Intraday bias stays on the downside for 100% projection of 1.1917 to 1.1540 from 1.1727 at 1.1350. Decisive break there would prompt downside acceleration to 38.2% retracement of 1.0176 to 1.1917 […]
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
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Amazon impulse pattern remains incomplete [Video]
The Short-Term Elliott Wave outlook from the October 11, 2025 low remains constructive, unfolding as a five-wave impulsive structure.
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