The Dow Jones Industrial Average (DJIA) extended its gains on Wall Street, reaching a high of 47,671. Technical Outlook – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) continues to support the broader upward trend and provides consistent positive momentum. The Relative Strength Index (RSI) is also delivering positive signals, …
Read More »CAD may continue to decline 3/12/2025
The USD/CAD pair saw a sharp decline after failing to sustain trading above the key psychological resistance at 1.4000, pushing the pair firmly into a bearish trend. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to apply downward pressure, reducing the likelihood of any meaningful recovery. The Relative Strength …
Read More »GBP attempting a gradual rise 3/12/2025
Positive momentum has returned to support the GBP/USD pair, benefiting from the recent decline in the US dollar. Technical Outlook – 4-Hour Timeframe: The simple moving averages are once again providing upward support, reinforcing the bullish bias. The Relative Strength Index (RSI) is also showing positive signals, indicating renewed strength …
Read More »Oil under negative pressure 3/12/2025
Selling pressure continues to dominate U.S. crude oil futures, with price action stabilizing near the session low at $58.66. Technical Outlook – 4-Hour Timeframe: Oil remains pressured along a descending trendline, maintaining a bearish structure. The lack of support from the 50-period simple moving average reinforces the downside bias and …
Read More »Gold rises as buyers take the lead 3/12/2025
Gold prices rebounded strongly in the previous session, reaching a high of $4,236 per ounce. Technical Outlook – 4-Hour Timeframe: Simple moving averages are providing positive momentum and acting as dynamic support, which may support further upside movement. The Relative Strength Index (RSI) continues to send bullish signals, reflecting a …
Read More »Euro is rising against USD 3/12/2025
An upward trend continues to dominate the EUR/USD pair after successfully finding support at the key psychological level of 1.1600. Technical Outlook – 4-Hour Chart: Bullish signals are aligning clearly: simple moving averages have turned upward with positive crossovers, strengthening the current momentum. The Relative Strength Index (RSI) is also …
Read More »U.S. Bond Yields Surge Amid Global Sell-Off and Easing Financial Conditions
U.S. Treasury yields climbed noticeably at the start of December, driven by a broad global sell-off in government bonds and a surge in corporate bond issuance that signaled improving financial conditions and growing investor appetite for risk.Benchmark U.S. yields rose by more than five basis points, reaching their highest level …
Read More »AI Cloud Challenger Surges Ahead as Dividend Season Looms
In the fast-evolving world of artificial intelligence and cloud computing, a new contender has quietly outpaced one of the industry’s most celebrated giants. While Nvidia has long been the darling of Wall Street, another company specializing in AI-optimized data center capacity has delivered extraordinary returns, with its stock soaring more …
Read More »Wall Street Rebounds as Risk Appetite Returns to Markets
U.S. stocks regained momentum after the previous day’s pullback, closing higher as investor sentiment improved across the board. The S&P 500 rose about 0.4%, while the tech-heavy Nasdaq 100 climbed nearly 0.9%. The Dow Jones Industrial Average also advanced around 0.4%. This rebound highlights a positive start to December — …
Read More »Markets Steady as Investors Await Key US and Global Economic Signals
Currency and commodity markets moved cautiously on Tuesday as investors positioned themselves ahead of a busy round of economic data from the United States, China, and Australia. The US dollar paused its recent slide, finding mild support as traders assessed the incoming figures that could shape expectations for policy direction …
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