US WTI crude oil successfully established a base above the psychological support at $63.00, as highlighted in the previous report, and staged an upward rebound that reached the official target at $64.20 per barrel—the highest level of the last trading session. Technical Outlook – 4-hour timeframe: Current intraday movements show …

Gold prices (XAU/USD) extended their gains yesterday, reaching the official target highlighted in the previous technical report at $3,399 per ounce. Technical Outlook – 4-hour timeframe: Intraday movements are currently reflecting a natural corrective pullback due to mild profit-taking. Despite this, prices remain firmly above the 50-period simple moving average, …

The EUR/USD pair came under negative pressure in the previous session after failing to sustain stability above the psychological support highlighted in our last report, recording a low of 1.1574. Technical Outlook – 4-hour timeframe: The pair rebounded higher after regaining stability above the 1.1600 level. However, despite this recovery, …

European Stocks Rebound as Investors Buy the Dip Ahead of Nvidia Earnings Pan-European RecoveryEuropean equities edged higher on Wednesday, rebounding from their largest drop in nearly a month. The STOXX 600 index rose 0.4% by 07:07 GMT, with Germany, Italy, and Spain adding between 0.1% and 0.3%. French Political Risks …

Bitcoin edged higher on Wednesday after hitting a seven-week low in the previous session, as market sentiment remained cautious following U.S. President Donald Trump’s attempted firing of Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. As of 02:32 ET (06:32 GMT), Bitcoin traded 1.2% higher at …

British producer output prices rose 1.9% year-on-year in June, while producer input prices fell 1.0% annually, according to interim data released Wednesday by the Office for National Statistics (ONS). These figures represent preliminary estimates, as the ONS paused regular publication of the Producer Price Index (PPI) in March after identifying …

Gold prices pulled back in Asian trade on Wednesday after earlier climbing to a more than two-week high, as markets weighed renewed concerns over U.S. Federal Reserve independence following President Donald Trump’s attempts to remove Governor Lisa Cook. The yellow metal initially surged on Monday after Trump announced Cook’s immediate …

The Dow Jones Industrial Average (DJI30) saw mixed movements in the previous trading session, attempting an upward rebound after hitting a low of 45,183. Technical Outlook – 4-hour timeframe: The 50-period simple moving average has once again shifted to support the price from below, providing a positive technical signal. At …

The technical outlook remains unchanged, with the USD/CAD pair continuing to trade in a sideways range as conflicting technical signals persist. Technical Outlook – 4-hour timeframe: The 50-period simple moving average is pressing down on the price from above, creating a resistance level that may limit upward attempts. At the …

The GBP/USD pair is under negative pressure in the morning session as it approaches the psychological resistance level of 1.3500. Technical Outlook – 4-hour timeframe: The pair’s stability below the simple moving average continues to reinforce the possibility of extended downside pressure. However, the Relative Strength Index (RSI) has started …