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The AUD/USD currency pair is currently showing bearish signals supported by several key technical factors. There are three primary reasons for a sell position under current market conditions: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the […]
A tragic accident involving an Air India Boeing 787 Dreamliner occurred shortly after takeoff in Ahmedabad, India, on Thursday. The crash resulted in the deaths of over 240 people and marks the first fatal accident involving the Dreamliner model since its launch in 2009. While the exact cause remains unknown, aviation authorities have launched a […]
The GBP/JPY currency pair is currently expected to continue its downward trend. This bearish outlook is largely driven by a strengthening Japanese Yen, which is gaining momentum as global economic uncertainty prompts investors to seek safer assets. From a technical perspective, the presence of a swing high and a double top pattern further reinforces the […]
Gold prices surged sharply on Friday, reaching their highest level in nearly two months, as geopolitical tensions in the Middle East intensified. The rally was triggered by an Israeli strike on Iran’s nuclear facility, sparking global concerns over the potential for further conflict escalation. In the latest trading session, spot gold jumped 1.3% to $3,427.36 […]
Gold (XAU/USD) is currently continuing its upward movement, showing strong potential to reach higher resistance areas after breaking out above a minor resistance level. This breakout suggests a likely break & retest scenario, paving the way toward a defined target price zone. The recent breakout confirms significant buying pressure, signaling bullish momentum. If price successfully […]
As investors and market participants turn their attention to the upcoming US economic data on June 12, 2025, two major indicators are poised to influence short-term market direction: the Producer Price Index (PPI) and Initial Jobless Claims. These two releases serve as crucial signals for both inflation trends and labor market health—two focal points for […]
Greetings from Maxco! We would like to inform you of the important market event in the respective markets for June 2025: Please pay attention to the important market events above and plan your trading accordingly. All other markets will remain unaffected and will be available for trading during normal trading hours. Thank you for choosing us […]
U.S. President Donald Trump has once again stirred international trade discussions with his latest statement on Wednesday, revealing plans to soon send official letters to several key trading partners. These letters are expected to outline firm trade deal terms presented as a take-it-or-leave-it ultimatum. Speaking to reporters at the Kennedy Center, Trump said the letters […]
The Consumer Price Index (CPI) is a key indicator used to measure inflation and reflect the overall health of an economy. CPI data serves as a critical reference for both investors and policymakers, including the Federal Reserve, in determining future economic decisions. What is CPI and Why is It Important? The CPI tracks changes in […]
Greetings from Maxco! We would like to inform you that there will be a trading session update due to the Juneteenth Day US, please kindly record the date in the table below: Please bear these changes and plan your trading accordingly. All other markets will remain unaffected and will be available for trading during normal […]
