Oil prices edged higher on Monday, buoyed by upbeat Chinese manufacturing data, as traders assessed geopolitical developments, including efforts to resolve the Russia-Ukraine conflict and the impact of U.S. tariffs. As of 08:30 ET (13:30 GMT), Brent crude futures for May delivery rose 0.6% to $73.24 per barrel, while West …

Gold prices edged higher in Asian trading on Monday, supported by a weaker U.S. dollar and persistent geopolitical uncertainties. Investors turned to the precious metal as a safe-haven asset amid ongoing trade policy tensions and stalled Russia-Ukraine peace talks. Spot gold increased by 0.3% to $2,865.69 per ounce, while April …

Bitcoin surged on Monday, extending a sharp rebound from last week’s losses after U.S. President Donald Trump reaffirmed his commitment to establishing a Crypto Strategic Reserve. The move, which includes Bitcoin among other major cryptocurrencies, fueled a rally across digital asset markets. The world’s largest cryptocurrency briefly touched $94,901.96 before …

European stock markets opened the week on a positive note, with investors closely monitoring upcoming inflation data from the eurozone ahead of the European Central Bank’s (ECB) policy-setting meeting. As of early trading on Monday, Germany’s DAX index advanced by 0.9%, France’s CAC 40 gained 0.2%, and the UK’s FTSE …

Oil, Crude, trading

The Canadian dollar surged against the U.S. dollar, posting notable gains after successfully rebounding from the support level at 1.4370, reaching a high of 1.4472. From a technical perspective, the 4-hour chart indicates that the simple moving averages continue to provide support from below, reinforcing the potential for further upside. …

Oil, Crude, trading

U.S. crude oil futures attempted to rise, reaching a high of $70.51 per barrel but failed to maintain stability above the key psychological resistance at $70.00. From a technical perspective, the 4-hour chart indicates bearish momentum, as the Relative Strength Index (RSI) remains below the 50 midline, coupled with a …

Gold prices suffered heavy losses at the end of last week’s trading amid profit-taking, reaching a low of $2,832 per ounce. From a technical analysis perspective, the 4-hour chart shows clear negative crossover signals on the simple moving averages, reinforced by bearish indications on the 14-day momentum indicator. Given these …

The euro experienced a sharp decline against the U.S. dollar at the end of last month’s trading session, reaching a low of 1.0360. From a technical analysis perspective, a closer look at the 4-hour chart reveals that the simple moving averages are negatively intersecting, reinforcing the daily downward price trend. …