1. Gold Prices Maintain Gains Amid U.S. Fiscal and Trade UncertaintyGold prices held steady in Asian trade on Wednesday after two days of sharp gains, bolstered by growing concerns over the U.S. fiscal deficit following the Senate’s passage of President Donald Trump’s tax-and-spending megabill. The uncertainty surrounding U.S. trade deals, …

Oil, Crude, trading

The USD/CAD pair recorded modest gains during today’s session as it attempted to recover from recent losses, showing cautious bullish momentum in intraday trading. Technical Outlook – 4-hour Chart:Despite the slight rebound, the pair remains under pressure from the simple moving averages acting as dynamic resistance. Additionally, the Relative Strength …

Oil, Crude, trading

Oil prices traded cautiously higher during today’s session, following a string of consecutive declines. The market saw a modest rebound, with prices testing the psychological resistance level at $66.00 per barrel. Current Range: Support: $64.65 Resistance: $65.95 Prices remain confined within a narrow sideways range. The simple moving averages continue …

Gold prices saw a strong rebound in the previous session, achieving a short-term upward correction within a broader downtrend, reaching the anticipated technical targets of $3327 and $3360, with a session high at $3358 per ounce. Technical Outlook (4-hour chart):The $3358 resistance level has proven to be a firm barrier, …

The EUR/USD pair continues to follow a positive trajectory, in line with prior expectations, reaching the 1.1800 target and recording a session high of 1.1830. Technical Outlook (4-hour timeframe):Despite some mild profit-taking, technical indicators remain aligned with a continuation of the uptrend: The pair is trading consistently above the 50-day …

1. Oil Price MovementsOil prices saw slight gains on Tuesday as market participants evaluated expectations of an OPEC+ output hike announcement for August, along with ongoing trade negotiations. At 1133 GMT, Brent crude was up by 54 cents, or 0.8%, trading at $67.28 per barrel, while U.S. West Texas Intermediate …

1. Market Overview and Trade SentimentU.S. stock futures slipped on Tuesday, retreating from recent record highs as investors digested the latest headlines on trade and fiscal policy. At 06:00 ET (10:00 GMT), Dow Jones Futures were down by 0.1%, S&P 500 Futures fell 0.2%, and Nasdaq 100 Futures dropped 0.2%. …

Global Market Caution Amid U.S. Trade Negotiations European stocks traded cautiously on Tuesday, as investors remained on edge ahead of the Trump administration’s looming July 9 tariff deadline and the release of crucial inflation data. At 03:05 ET (07:05 GMT), the DAX index in Germany gained 0.1%, the CAC 40 …