Oil prices were relatively stable on Wednesday following three consecutive days of losses, with a boost from a U.S.-Japan trade agreement that raised optimism for global trade. Price Movements and Market Sentiment As of 0907 GMT, Brent crude futures were down 12 cents, or 0.2%, to $68.47 per barrel, while …
Read More »Bitcoin Edges Higher Amid U.S.-Japan Trade Deal, But Consolidation Persists
Bitcoin traded slightly higher on Wednesday, continuing its recent consolidation phase after surging to record highs earlier this month. The world’s largest cryptocurrency rose by 0.5%, reaching $118,582.7 as of 02:10 ET (06:10 GMT). Bitcoin’s Rangebound Trading Amid Broader Market Sentiment Bitcoin has been trading within a narrow range since …
Read More »European Stocks Rally as Hopes for EU-U.S. Trade Deal Rise
European shares climbed on Wednesday, buoyed by renewed optimism for a potential trade deal between the U.S. and the European Union (EU) following U.S. President Donald Trump’s recent trade agreement with Japan. The broad rally was led by the automotive sector, which saw significant gains in light of favorable trade …
Read More »Gold Prices Dip as U.S.-Japan Trade Deal Eases Risk Concerns, But Market Uncertainty Persists
Gold prices experienced a slight pullback on Wednesday, retreating marginally from the strong gains seen earlier this week. The dip was influenced by the announcement of a trade deal between the U.S. and Japan, which helped boost risk appetite and dampened the demand for safe-haven assets like gold. At 01:20 …
Read More »Wall Street Cheers Dow Rally — Eyes Now on the 45,000 Mark! 23/7/2025
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Read More »Canadian Dollar’s Upward Momentum Loses Steam 23/7/2025
The USD/CAD pair came under renewed bearish pressure after failing to maintain stability above the 1.3670 level. This failure reversed the previously expected bullish scenario, with the pair falling to a session low of 1.3595. Technical Outlook – 4-Hour Timeframe: Short-term technical movements confirm a break below the ascending trendline, …
Read More »GBP Maintains a Gradual Uptrend 23/7/2025
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Read More »Technical Pressure Limits Oil’s Recovery Attempts 23/7/2025
WTI crude oil futures extended their losses during the previous session, pressured by technical selling, as prices moved closer to the first downside target at $64.70, reaching an intraday low of $64.85 per barrel. Technical Outlook – 4-Hour Timeframe: The price is currently attempting to hold above the psychological support …
Read More »Will Overbought Conditions Slow Gold’s Bullish Momentum? 23/7/2025
Gold prices extended their gains for the third consecutive session, in line with the bullish expectations outlined in previous reports. The metal reached the official target at $3,435, recording an intraday high of $3,439 per ounce. Technical Outlook – 4-Hour Timeframe: Intraday movement shows a slight pullback, driven by a …
Read More »Euro Faces Major Resistance Despite Upward Momentum 23/7/2025
EUR/USD Technical Analysis – 4-Hour Chart The EUR/USD pair has posted solid gains in recent trading, in line with earlier bullish technical expectations. The pair successfully reached the first target at 1.1740 and approached the official target at 1.1770, recording a high of 1.1760. Technical Outlook – 4-Hour Timeframe: Price …
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