The USD/CAD pair exhibited cautious bullish behavior yesterday, aligning with the expected upward scenario and reaching a high near the key resistance level of 1.3760. From a technical standpoint today, the 240-minute chart reveals continued support from the simple moving averages, which are reinforcing the bullish sentiment. Additionally, the Relative …
Read More »Bullish Signal? GBP Pushes Through Resistance with Confidence 26/6/2025
Oil, Crude, trading
Read More »Crude Faces Heavy Selling — Where Could It Go from Here? 26/6/2025
US crude oil futures experienced narrow-range trading, showing only a slight upward inclination and reaching a high of $66 per barrel. From a technical perspective, oil prices are attempting to recover some of the recent losses during intraday movement, with current efforts focused on stabilizing above the $65.00 level. However, …
Read More »Controlled Rebound: Gold Rises Amid a Bearish Backdrop 26/6/2025
Gold prices showed limited movement during the previous trading session but opened the early hours with a cautious rise after approaching oversold levels, recording a high of $3,343. From a technical standpoint, gold appears to be attempting to recover some of its earlier losses. Intraday charts suggest a modest upward …
Read More »Euro Roars Back as USD Retreats! 26/6/2025
The euro extended its gains against the US dollar (EUR/USD), aligning with the bullish outlook anticipated in the previous technical analysis report. The pair successfully touched the official target at 1.1720. From a technical standpoint, the current session is showing continued strength. Price action remains stable above the key psychological …
Read More »Can UK, Eurozone Avoid Defense Spending Crisis Post-NATO Summit?
The NATO summit in The Hague on June 24-25, 2025, has thrust defense budgets into sharp focus, with allies pledging to raise spending to 5% of GDP by 2035, up from the prior 2% target. Fueled by U.S. President Donald Trump’s call for equitable contributions and escalating Russian threats, this …
Read More »Fed’s Plan to Ease Bank Leverage Rules Sparks Debate
The Federal Reserve’s proposal to loosen leverage rules for major banks has ignited controversy, with some policymakers signaling opposition. This move, announced on June 25, 2025, aims to adjust the enhanced Supplementary Leverage Ratio (eSLR), a post-2008 crisis measure to bolster banking stability. The debate centers on balancing financial resilience …
Read More »EUR/USD Price Forecast: Euro Nears 2025 Highs Amid Ceasefire Optimism and Fed Caution
The EUR/USD pair extended its bullish run for a fifth straight day on Wednesday, nearing its year-to-date high around 1.1660, up 0.44% during the North American trading session. The euro’s strength was driven by renewed optimism over a U.S.-brokered Middle East ceasefire, which, despite its fragility, fueled risk-on sentiment and …
Read More »Market Drivers — US Session: Upon US Dollar’s Retreat, What’s Next for Currencies and Commodities?
The US dollar’s recent retreat has stirred global markets, spotlighting tensions in currency pairs, gold prices, and the Canadian dollar’s struggle to hold ground. A ceasefire in the Middle East and cautious remarks from Federal Reserve’s Jerome Powell have shaped this shift, raising questions about what lies ahead for monetary …
Read More »US Stocks Rise on Mideast Ceasefire Optimism, Tech Strength, Despite Housing Slump and Trade Tensions
U.S. stocks displayed resilience on Wednesday, with the S&P 500 climbing 0.2% and edging within 1% of record highs, driven by tech sector strength and optimism over a U.S.-Qatar-mediated ceasefire between Iran and Israel, announced Tuesday. The Nasdaq surged 0.4%, buoyed by tech stocks like Nvidia, which jumped over 3% …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations