Oil prices steadied on Tuesday after tumbling more than 4% in the previous session, as traders reassessed the global supply outlook and signs of easing tensions between the United States and Iran. Brent crude futures rose 17 cents to $66.47 a barrel by midday, while U.S. West Texas Intermediate gained …
Read More »Bitcoin Bounces From 10-Month Lows but Stays Below $80,000 as Policy Uncertainty Lingers
Bitcoin rebounded modestly on Tuesday after tumbling to near 10-month lows, but the world’s largest cryptocurrency continued to trade under pressure below the $80,000 level as heavy liquidations and uncertainty over U.S. monetary policy weighed on sentiment. Bitcoin was last up 2.8% at $78,558.4 by 01:42 ET (06:42 GMT).The token …
Read More »Gold Rebounds in Asia as Precious Metals Stabilize After Sharp Selloff
Gold prices rebounded strongly in Asian trading on Tuesday, with silver and platinum also advancing, as precious metals steadied after two sessions of heavy losses. Spot gold jumped nearly 4% to $4,855.93 an ounce, while April gold futures climbed 4.4% to $4,853.79 an ounce. Silver outperformed, surging 5.1% to $83.11 …
Read More »European Stocks Edge Higher as Metals Stabilize and Earnings Take Focus
European equities traded slightly higher on Tuesday, supported by a firm close on Wall Street and signs that the recent selloff in precious metals has been short-lived. By early morning trade, Germany’s DAX rose 0.8%, France’s CAC 40 gained 0.4%, and the UK’s FTSE 100 added 0.1%. Market sentiment improved …
Read More »Dow Jones starts positively 3/2/2026
The Dow Jones Industrial Average posted a strong advance on Wall Street, registering notable gains and climbing to a high near 49,602. Technical Outlook – 4-Hour Chart Price action remains supported above the simple moving averages, reinforcing the potential for continued recovery. This constructive setup is further backed by positive …
Read More »CAD Trying to Bounce Back 3/2/2026
An upward bias is currently dominating USD/CAD after the pair found firm support near the 1.3610 level, allowing bullish momentum to gradually build. Technical Outlook – 4-Hour Chart Simple moving averages have shifted back into a supportive role, acting as a dynamic base that could encourage further upside. This is …
Read More »GBP Stabilizes Below Resistance 3/2/2026
The GBP/USD pair is showing a short-term recovery, with upward price action attempting to offset losses from previous sessions. Technical Outlook – 4-Hour Chart Simple moving averages have shifted into a supportive role, providing positive momentum and encouraging intraday upside attempts. The Relative Strength Index (RSI) is also trying to …
Read More »Oil Searches for a Clearer Direction 3/2/2026
WTI crude oil futures are experiencing mixed price action as the market attempts to recover from the previous session’s losses, with prices currently stabilizing around the $61.50 area. Technical Outlook – 4-Hour Chart Momentum indicators are offering limited support. The Relative Strength Index (RSI) is working to ease oversold conditions, …
Read More »Gold Rebounds — A Temporary Recovery or a Bull Trap? 3/2/2026
Gold prices (XAU/USD) staged a notable rebound after a sharp sell-off, finding strong support near the 4,400 level. This rebound helped ease selling pressure and triggered a short-term recovery in price action. Technical Outlook – 4-Hour Chart Daily Trend: Still BearishDespite the recent bounce, the broader daily trend for gold …
Read More »The Euro Remains Within a Bearish Corrective Path 3/2/2026
The EUR/USD pair advanced during intraday trading, attempting to recover part of the losses from previous sessions, and is currently stabilizing around the 1.1800 level. Technical Outlook – 4-Hour Chart Momentum indicators are offering some support, as the Relative Strength Index (RSI) is working to ease oversold conditions and is …
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