U.S. Market Support and Resistance Levels Updated on July 10: Support and Resistance for 18 Instruments (Gold, Silver, Platinum, Palladium, Crude Oil, Natural Gas, Copper, and Ten Major Currency Pairs)

Support and resistance levels as of the U.S. market close on July 10 for gold, silver, platinum, palladium, crude oil, natural gas, copper (commodities), and the following major currency pairs: U.S. Dollar Index, euro, British pound, Japanese yen, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar.

FX678 FinanceJul 10 21:02

The mining boom windfall has peaked! Australia's trade landscape faces a reversal, potentially recording its first annual trade deficit in a decade.

The benefits that the mining boom brought to Australia’s trade appear to be fading—imports have surged while export growth has nearly stalled, and the country may record its first annual trade deficit since 2016.

Zhitong FinanceJul 6 11:52

U.S. Market Support and Resistance Levels Updated as of June 30: Support and Resistance Levels for 18 Instruments (Gold, Silver, Platinum, Palladium, Crude Oil, Natural Gas, Copper, and the Top Ten Currency Pairs)

As of the U.S. market close on June 30, support and resistance levels for gold, silver, platinum, palladium, crude oil, natural gas, copper (commodities), as well as the U.S. Dollar Index and major currency pairs—EUR, GBP, JPY, CHF, AUD, CAD, and NZD—are summarized below.

FX678 FinanceJun 30 21:32

RBA Minutes: Still Prepared to Raise Rates if Necessary, Focused on Excess Demand and Weakness in the Housing Market

Gelonghui, June 30 | The minutes from the Reserve Bank of Australia's (RBA) June meeting indicated that the central bank believes monetary policy needs to remain tight to eliminate excess demand in the economy. As the minutes were finalized before last week’s more than 10% cumulative decline in Brent crude oil prices, the hawkish tone reflected in the document appears notably disconnected from current market dynamics. Market participants currently price in only a 10-basis-point probability of further monetary tightening by year-end and a 17-basis-point likelihood of easing by 2027. The Australian dollar faces a contradiction: on one hand, the RBA has clearly signaled its readiness to hike rates again if necessary; on the other hand,

Gelonghui FinanceJun 30 09:53

U.S. Market Support and Resistance Levels Updated on June 29: Support and Resistance Levels for 18 Instruments (Gold, Silver, Platinum, Palladium, Crude Oil, Natural Gas, Copper, and Ten Major Currency Pairs)

Support and resistance levels as of the U.S. market close on June 29 for gold, silver, platinum, palladium, crude oil, natural gas, copper (commodities), and the following major currency pairs: U.S. Dollar Index, euro, British pound, Japanese yen, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar.

FX678 FinanceJun 29 21:21

The overlooked leading indicator is recovering: what does the copper-gold ratio moving away from its historical low mean for the market?

On Monday (June 29), market attention partially shifted toward relative pricing structures among commodities. A recent analysis from a prominent institution noted that the copper-to-gold ratio is rebounding from its historic low reached in March—a signal that holds implications for the recently pressured mining sector and broader risk-asset sentiment. The ratio currently stands around 3.25, still well below its long-term average of 5.7, but has recovered notably from the March low of 2.5. This shift is driven not by a strong breakout in copper prices, but rather by a significant decline in gold prices. Copper prices have largely remained range-bound over the recent period, while gold prices have fallen.

FX678 FinanceJun 29 20:14