The Dow Jones Industrial Average (DJI30) continued its efforts to preserve recent gains, reaching a new high of 45,688. Technical Outlook – 4-hour timeframe: The 50-period simple moving average continues to support the bullish bias, while the Relative Strength Index (RSI) is generating positive signals that reinforce ongoing upward momentum. …

A bearish corrective trend continues to dominate the USD/CAD pair after failing to sustain gains above the psychological barrier of 1.3800. Technical Outlook – 4-hour timeframe: The pair has broken below the ascending support line, as shown on the chart, alongside the continuation of a negative crossover in the simple …

The GBP/USD pair posted strong gains in the first trading session of the week, supported by weakness in the US dollar, and reached a new high near the 1.3550 target. Technical Outlook – 4-hour timeframe: Intraday price action is showing a mild bearish bias as a result of profit-taking following …

US WTI crude oil futures recorded strong gains after successfully building a base above the psychological support at $63.00, climbing to a high of $65.05 per barrel. Technical Outlook – 4-hour timeframe: The price is trading within an upward corrective channel, supported by its stability above a well-defined ascending trend …

Gold prices (XAU/USD) extended their rally in early trading of the current session, surpassing the previous target at 3,505 and recording a new high at 3,508, reflecting the persistence of strong bullish momentum. Technical Outlook – 4-hour timeframe: The broader trend remains bullish, supported by price action along the ascending …

The EUR/USD pair started the week’s trading with a bullish bias, climbing to 1.1736 after breaking through the psychological resistance at 1.1700. Technical Outlook – 4-hour timeframe: Despite minor intraday pullbacks, the 50-period simple moving average continues to support the upward trend. The Relative Strength Index (RSI) is showing signs …

Bitcoin extended losses on Monday, sliding to its weakest level in two months as heavy whale selling, soft ETF flows, and broader risk-off sentiment weighed on the crypto market. Bitcoin Hits Fresh Two-Month Low The world’s largest cryptocurrency dropped 0.8% to $107,994.6 by 02:42 ET (06:42 GMT). It earlier touched …

European equities edged higher on Monday, supported by strength in the healthcare sector after Novo Nordisk shares gained on positive drug data, while defense stocks also advanced on a new U.K.-Norway deal. Healthcare Stocks Drive Gains The pan-European Stoxx 600 rose 0.4%, buoyed by a 2.8% jump in Novo Nordisk …

The U.S. dollar weakened on Monday as investors turned their attention to a busy week of labor market data that could determine the size of an anticipated Federal Reserve rate cut later this month. Dollar Under Pressure The dollar eased 0.04% against the yen to 146.98, extending a 2.5% monthly …

Gold prices climbed to their highest level since mid-April in Asian trading on Monday, driven by strong expectations of a September Federal Reserve rate cut and heightened safe-haven demand amid Fed independence concerns and tariff-related uncertainty. Spot Gold: $3,480.56/oz (+0.9%) Gold Futures (December): $3,551.82/oz (+1%) August performance: Nearly +5%, marking …