The key support level highlighted in the previous report at 1.1260 successfully halted the recent bearish pressure, triggering a bullish rebound in line with the expected positive scenario. The EUR/USD pair is currently trading around 1.1335. From a technical standpoint, the euro appears to have established a solid base near …
Read More »Bitcoin Gains as Trump Hints at Auto Tariff Pause, Reports Emerge of U.S. Crypto Reserve Plans
Bitcoin rose over 1% on Tuesday, rebounding from muted movement in the prior session as investor sentiment improved following U.S. President Donald Trump’s remarks about pausing auto import tariffs. Speculative momentum also grew on reports that the U.S. government may use tariff revenue to buy Bitcoin and bolster strategic crypto …
Read More »Forex Report: U.S. Dollar Slides Near Three-Year Low as Trade Policy Turmoil Weighs on Confidence
The U.S. dollar continued to drift lower on Tuesday, hovering close to its recent three-year low, as investor sentiment remains rattled by the Trump administration’s inconsistent and evolving trade policies. As of 04:45 ET (08:45 GMT): The Dollar Index (DXY) fell slightly to 99.395, just shy of last week’s low …
Read More »European Stocks Inch Higher as Tariff Optimism, Earnings and Data Steady Sentiment
European equity markets mostly advanced on Tuesday, extending a cautious rebound as investors weighed corporate earnings, moderate economic data, and a glimmer of hope for relief from U.S. trade tariffs. As of 03:15 ET (07:15 GMT): Germany’s DAX rose 1.3% U.K.’s FTSE 100 gained 0.7% France’s CAC 40 edged 0.1% …
Read More »Gold Eases Slightly but Holds Near Record Highs Amid Tariff Uncertainty, Recession Fears
Gold prices dipped modestly in Asian trading on Tuesday, but remained within striking distance of record highs, as safe-haven demand held firm amid ongoing U.S.-China trade tensions and growing fears of a global economic slowdown. As of 01:51 ET (05:51 GMT): Spot gold was down 0.4% at $3,224.60 per ounce …
Read More »Dow Jones tries to hold onto gains 15/4/2025
Oil, Crude, trading
Read More »CAD continues to decline 15/4/2025
The Canadian dollar remains under sustained downward pressure, with the pair extending its losses over several consecutive sessions and reaching a recent low of 1.3828. From a technical standpoint, the 4-hour chart confirms the continuation of the dominant downtrend. Price action remains firmly below the key simple moving averages, which …
Read More »GBP between correction and trend 15/4/2025
Oil, Crude, trading
Read More »Oil is trying to break through the resistance 15/4/2025
U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …
Read More »Gold gets rid of oversold conditions 15/4/2025
The key support level highlighted in the previous technical report at $3,190 successfully held, helping to maintain the broader upward trend. Following a rebound from this level, gold prices have resumed their climb, currently trading around $3,228 per ounce at the time of writing. On the 4-hour chart, price action …
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