Oil, Crude, trading

WTI crude oil prices recorded a notable surge during the previous session, validating our previously neutral stance that highlighted a potential breakout above the minor downtrend line. The expected targets at $67.40 and $68.20 were both reached, with crude ultimately hitting a high of $69.72 per barrel. Technical Outlook: US …

Gold prices are currently trading within a rangebound pattern, stabilizing above the strong support level at $3,310 while facing key resistance near $3,334. Technical Outlook: Price action shows limited bullish momentum following a rebound from the important psychological level at $3,300. However, the upside remains capped by the 50-period Simple …

The EUR/USD pair continues its gradual decline, aligning with the outlook presented in our previous technical report, and moving closer to the key target at 1.1510. Technical Outlook: The pair is currently trending lower after breaking below the 1.1580 support level. A closer look at the chart reveals mild bullish …

Bitcoin stayed steady near $119,000 on Tuesday as investors awaited further clarity on U.S. trade negotiations and remained cautious ahead of the Federal Reserve’s policy decision scheduled for Wednesday. The world’s largest cryptocurrency had been trading sideways for most of July after reaching a record high above $123,000 earlier this …

Visa (NYSE:V) and Mastercard (NYSE:MA), the world’s largest payment processors, are expected to report higher quarterly profits this week, driven by steady consumer spending. As one of the most widely used payment networks globally, both companies stand well-positioned to withstand economic downturns, thanks to their broad consumer base and diversification …

European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in EssilorLuxottica, and optimism surrounding the newly inked trade deal between the U.S. and the European Union. Market Performance Pan-European STOXX 600 index: Rose 0.5% by 0815 GMT. Germany’s DAX and France’s CAC 40: Both added …

Gold prices held steady near three-week lows on Tuesday, with a stronger U.S. dollar and easing global trade tensions limiting demand for the safe-haven metal. Investors are awaiting a key U.S. Federal Reserve policy decision due this week, which has added caution to market sentiment. Gold Price Movements Spot Gold: …

DowJones

A short-term bullish trend has re-emerged in the USD/CAD pair, supported by stability above the key psychological support level of 1.3700. Technical Outlook: Intraday price action reflects a bullish bias, reinforced by the pair’s position above key Simple Moving Averages (SMAs), which continue to provide dynamic support. Additionally, the Relative …