Bitcoin continued its downward trajectory on Wednesday, falling by 0.8% to $113,467.7 as uncertainty surrounding U.S. trade tariffs and economic slowdown weighed heavily on investor sentiment, keeping risk-driven assets under pressure. The cryptocurrency is lingering near a one-month low reached earlier in the week. Broader cryptocurrency markets mirrored Bitcoin’s decline, …
Read More »Bitcoin Faces Pressure Amid U.S. Trade Uncertainty and Slowing Economic Growth
Bitcoin continued its downward trajectory on Wednesday, falling by 0.8% to $113,467.7 as uncertainty surrounding U.S. trade tariffs and economic slowdown weighed heavily on investor sentiment, keeping risk-driven assets under pressure. The cryptocurrency is lingering near a one-month low reached earlier in the week. Broader cryptocurrency markets mirrored Bitcoin’s decline, …
Read More »European Stocks Rise Amid Positive Earnings Season and Corporate Results
European stocks saw positive movement on Wednesday as investors remained optimistic following a strong earnings season and a continued deluge of corporate results. As of 03:05 ET (07:05 GMT), Germany’s DAX index climbed 0.5%, France’s CAC 40 gained 0.1%, and the U.K.’s FTSE 100 rose 0.3%. European earnings results have …
Read More »European Stocks Rise Amid Positive Earnings Season and Corporate Results
European stocks saw positive movement on Wednesday as investors remained optimistic following a strong earnings season and a continued deluge of corporate results. As of 03:05 ET (07:05 GMT), Germany’s DAX index climbed 0.5%, France’s CAC 40 gained 0.1%, and the U.K.’s FTSE 100 rose 0.3%. European earnings results have …
Read More »Oil Prices Rebound Amid Supply Concerns and Trump’s Tariff Threats on India
Oil prices saw a modest recovery on Wednesday, bouncing back from a five-week low reached the previous day. The rebound was driven by rising concerns over potential supply disruptions, following U.S. President Donald Trump’s threats of tariffs on India over its continued crude purchases from Russia. As of 0645 GMT, …
Read More »Dow Jones Cautiously Attempts to Regain Bullish Momentum 6/8/2025
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Read More »Technical Pressures Constrain USD/CAD Within a Tight Range 6/8/2025
The USD/CAD pair is currently trading within a narrow range, consolidating between the psychological resistance at 1.3800 and the support level at 1.3760. Technical Outlook: Technical indicators are showing mixed signals. The Relative Strength Index (RSI) is gradually losing upward momentum, reflecting weakening bullish pressure. At the same time, the …
Read More »Technical Rebound Lifts the Pound Higher 6/8/2025
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Read More »Oil Faces Selling Pressure 6/8/2025
U.S. crude oil futures extended their decline for the fourth consecutive session, reaching a two-week low near the $65.00 per barrel mark. Technical Outlook: Intraday price action shows a modest rebound attempt as oil tries to recover from oversold conditions. However, the 50-period Simple Moving Average (SMA) continues to act …
Read More »Is There More Upside for Gold? Technical Indicators in Focus 6/8/2025
Gold prices have continued their upward trajectory, in full alignment with the bullish expectations outlined in our previous report. The metal successfully reached the projected target at $3,390, recording a session high at that level. Technical Outlook: Following the test of the $3,390 resistance zone, prices experienced a mild intraday …
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