The USD/CAD pair has retreated significantly after failing to establish a foothold above the psychological resistance at 1.3600, which imposed clear downward pressure and steered the pair into a renewed downtrend. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the simple moving averages continue to weigh on the price, …

The GBP/USD pair has successfully reversed its prior bearish trajectory, breaching the 1.3500 resistance ceiling and advancing toward 1.3560 — a development that signals a clear improvement in buying momentum and a shift in market sentiment. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the simple moving averages have …

US Crude Oil (WTI) Technical Analysis Mixed price action is dominating US crude oil futures, with the contract oscillating between bullish and bearish swings as both camps vie for control. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the price endured a notable pullback, though robust buying demand emerging …

Gold prices (XAU/USD) continue to drift in a sideways pattern, confined within a well-defined range bounded by support at $4,560 and resistance at $4,660, as market participants adopt a wait-and-see stance pending a clear directional catalyst. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the price encountered formidable dynamic …

EUR/USD Technical Analysis The EUR/USD pair has delivered positive price action in line with our previous projections. We had highlighted that a confirmed break above 1.1680 and subsequently 1.1700 would propel the pair toward 1.1790 — a target that was duly achieved, with the pair printing an intraday high of …

Key Takeaways Bitcoin rebounds: The world’s largest cryptocurrency rose 1.8% to $77,143 after dipping near $75,000 earlier in the week. April winning streak: Bitcoin gained 12% in April amid the temporary U.S.-Iran ceasefire and Wall Street’s record-breaking run. $80K still the wall: The $80,000 resistance level continues to cap rallies, …

Key Takeaways Futures edge higher: S&P 500 futures gained 0.1% to 7,250.75, Dow Jones futures rose 0.14% to 49,907.0, while Nasdaq 100 futures slipped 0.13%. Records shattered Thursday: The S&P 500 closed up 1% above 7,200 for an all-time high, the Nasdaq Composite added 0.9% to its own record, and …

Key Takeaways Tariff reversal: President Donald Trump announced he is lifting tariffs on whisky from Britain in a gesture honoring King Charles. Royal influence: Trump credited the King and Queen with achieving what “nobody else was able to do, without hardly even asking.” Final day flourish: The announcement came on …

Key Takeaways Stock pops 2%: Amazon shares opened higher on the back of a blowout quarter that smashed analyst expectations. EPS crushes consensus: Earnings per share came in at $2.78, far above the $1.63 expected, with revenue hitting $181.5 billion versus the $177.13 billion forecast. AWS reignited: Cloud growth accelerated …

Key Takeaways Modest gains for sterling and euro: GBP/USD rose 0.04% to 1.3606, while EUR/USD added 0.11% to 1.1744 in thin trading. Yen intervention echoes 2024: Japan’s suspected move recalls last year’s $30 billion-plus operations, which briefly dragged USD/JPY to 152 before the pair surpassed its prior high just two …