Oil prices retreated on Tuesday after rising nearly 2% in the previous session, as investors assessed the latest developments surrounding U.S. tariffs and the higher-than-expected increase in OPEC+ output for August. Tariff Concerns Weigh on Market Sentiment By 1043 GMT, Brent crude futures were down 12 cents, or approximately 0.2%, …

Bitcoin experienced a slight decline on Tuesday, dropping 0.5% to $108,224.20, as new U.S. tariffs announced by President Donald Trump dampened investor risk appetite. The cryptocurrency has remained range-bound in recent sessions, with traders reluctant to make large bets amid growing uncertainty about the global economic landscape. Trump’s Tariff Announcement …

European stocks experienced modest gains on Tuesday as investors assessed the latest news on U.S. trade tariffs and awaited further developments on potential trade agreements. At 03:05 ET (07:05 GMT), the DAX index in Germany was up by 0.3%, the CAC 40 in France climbed by 0.1%, and the FTSE …

Gold prices held steady in Asian trade on Tuesday after U.S. President Donald Trump’s latest tariff threats spurred some safe-haven demand. However, a recovery in the dollar limited further gains in metal markets, as traders remained cautious amid trade uncertainty. Trump’s Tariff Threats and Postponement of Deadline Gold prices rose …

Oil, Crude, trading

During yesterday’s trading, the Canadian dollar faced strong resistance near 1.3685, which effectively capped the upside and pressured the pair lower. At the time of writing, USD/CAD is trading around 1.3655, remaining under the influence of that resistance zone. Technical Indicators The simple moving averages are acting as dynamic resistance, …

Oil, Crude, trading

After a sustained period of strong declines, U.S. crude oil prices staged a bullish technical rebound in the previous session, reaching a session high of $68.25 per barrel. Technical Outlook – 4-Hour ChartThe current technical landscape reveals mixed signals: The simple moving averages have shifted to provide support from below, …

Gold prices recorded a strong session of positive movement, rebounding sharply after finding firm support at the key $3295 level. The recovery led to an intraday high of $3345 per ounce, highlighting a technical bounce from oversold territory. Technical Outlook – 4-Hour TimeframeThe $3345 zone is currently acting as a …

The EUR/USD pair continues to trade within a well-defined upward trajectory, edging closer to the key psychological resistance at 1.1800, with a session high recorded at 1.1790. Technical Outlook – 4-Hour Chart:Price action indicates strong resistance near the 1.1800 threshold, which has prompted some intraday pullbacks. Additionally, the 50-period simple …