Market Overview: Dow Jones Futures: Down 375 points (-0.9%) S&P 500 Futures: Down 55 points (-0.9%) Nasdaq 100 Futures: Down 218 points (-0.9%) Key Developments: Tariff Announcements by Trump: President Trump signed an executive order imposing new tariffs, with some reaching as high as 50% on imports from dozens of …
Read More »Oil Prices Stabilize Amid Tariff Uncertainty, Heading for Weekly Gains
Current Price Movement: Brent Crude: Up 19 cents (+0.26%) at $71.89 a barrel U.S. West Texas Intermediate (WTI): Up 20 cents (+0.29%) at $69.46 a barrel Weekly Performance: Brent on course for a 5% weekly gain, and WTI for a 6.6% weekly gain. Impact of U.S. Trade Tensions: U.S. Tariffs: …
Read More »Oil Prices Stabilize Amid Tariff Uncertainty, Heading for Weekly Gains
Current Price Movement: Brent Crude: Up 19 cents (+0.26%) at $71.89 a barrel U.S. West Texas Intermediate (WTI): Up 20 cents (+0.29%) at $69.46 a barrel Weekly Performance: Brent on course for a 5% weekly gain, and WTI for a 6.6% weekly gain. Impact of U.S. Trade Tensions: U.S. Tariffs: …
Read More »Gold Prices Stabilize Amid U.S. Trade Tensions and Dollar Strength
Gold Prices: Spot gold inched up 0.2% to $3,396.25 an ounce, while Gold Futures were steady at $3,348.10/oz by 01:58 ET (05:58 GMT) on Friday. However, gold is heading for a third straight weekly loss, as a surging U.S. dollar dampens demand, despite the safe-haven demand spurred by escalating U.S. …
Read More »Dow Jones Under Pressure as Downward Momentum Targets Key Supports 1/8/2025
DowJones
Read More »Canadian Dollar Seeks Additional Momentum 1/8/2025
The technical outlook remains unchanged, as the USD/CAD pair continues to respect the prevailing uptrend highlighted in our previous report. The pair recorded a session high near the key resistance zone at 1.3870, reflecting ongoing bullish momentum. Technical Outlook: Intraday movements remain bullish, supported by continued price stability above the …
Read More »Pound Hits Initial Target, Downtrend Remains in Control 1/8/2025
Oil, Crude, trading
Read More »Crude Holds Steady — Key Support Shows Strength 1/8/2025
U.S. crude oil futures are attempting to preserve recent gains, in line with the bullish scenario outlined in our previous report. The price is gradually climbing toward the projected target of $70.70, having reached a session high of $70.40 per barrel. Technical Outlook: Current intraday price action is showing mild …
Read More »Gold Loses Steam as Markets Brace for NFP Report 1/8/2025
Gold is making limited attempts to recover recent losses; however, these efforts are currently facing strong technical resistance near the $3,315 per ounce level. Technical Outlook: The price is consolidating just below this key resistance area. On the chart, the 50-period Simple Moving Average (SMA) and shorter moving averages continue …
Read More »EUR Approaches First Key Support Level: Can It Withstand the Pressure? 1/8/2025
The EUR/USD pair traded within a bearish sideways range during the previous session, maintaining alignment with the prevailing negative outlook. The pair approached the key psychological barrier at 1.1400, recording its lowest level near that threshold. Technical Outlook: Currently, the pair is attempting a limited rebound to recover part of …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations