Dow Jones Industrial Average (DJIA) Technical Analysis The Dow Jones Industrial Average on Wall Street surged during the previous session, climbing to an intraday high of 50,136 on the back of robust buying momentum across the index. Technical Outlook for Today’s Session – 4-Hour Timeframe: On the short-term horizon, the …

USD/CAD Technical Analysis The USD/CAD pair is consolidating sideways within a narrow trading range, displaying a modestly upward bias after registering an intraday high of 1.3642 during the previous session. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the pair has successfully established a foothold above the 1.3590 support …

GBP/USD Technical Analysis The GBP/USD pair managed to register modest gains during the previous trading session after successfully securing support at the 1.3540 level. Technical Outlook – 4-Hour Timeframe: With respect to intraday dynamics, the simple moving averages have resumed their role as dynamic support beneath the price, reinforcing the …

US Crude Oil (WTI) Technical Analysis US crude oil futures extended their downside trajectory during the previous session, sliding to an intraday low of approximately $88.72 amid mounting selling pressure across the contract. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, prices remain under substantial downward pressure as trading …

Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) have launched an assault on the psychological $4,700 resistance after several sessions of sideways consolidation, climbing to an intraday high of $4,723 — a development that underscores a clear improvement in buying momentum across the metal. Technical Outlook – 4-Hour Timeframe: On the …

EUR/USD Technical Analysis The EUR/USD pair delivered positive price action during the previous session following a brief breakout above the 1.1730 resistance — a development we had previously flagged as a catalyst for a corrective upside rebound targeting 1.1775. The pair duly extended its advance, printing an intraday high of …

Key Takeaways Crude extends losses: Brent oil futures fell 1.2% to $108.60 per barrel, while WTI dropped 1.4% to $100.88 — extending Tuesday’s 4% slide. Project Freedom paused: Trump announced the operation to restore Hormuz shipping will be temporarily halted as diplomatic talks progress. Blockade stays: Despite the pause, Trump …

Key Takeaways Dollar in retreat: The DXY fell 0.7% to 97.79, with the euro climbing 0.7% to $1.1771 and the pound gaining 0.5% to $1.3619. One-page deal in works: The White House is nearing a memorandum of understanding with Iran to end the war, per Axios. 48-hour deadline: Washington expects …

Key Takeaways Closest yet: The White House believes it is approaching a one-page memorandum of understanding (MOU) with Iran — the closest the parties have been since the war began. 48-hour window: The U.S. expects Iranian responses on several key points within the next 48 hours. Witkoff and Kushner lead: …

Key Takeaways Brent and WTI tumble: Brent oil futures plunged 8.1% to $101.02 per barrel, while WTI crashed 9.2% to $92.93. Building selloff: Both contracts had already settled nearly 4% lower in the previous session before Wednesday’s accelerated decline. One-page deal in works: The White House is nearing a memorandum …