Oil, Crude, trading

A bearish trend dominated US crude oil futures prices during the early trading sessions this week, with prices reaching their lowest level at $72.42 per barrel. From a technical standpoint, examining the 4-hour chart reveals the formation of a bearish inverted head and shoulders pattern. Additionally, oil prices remain below …

Negative trading dominated gold’s movements as anticipated in the previous report, reaching the first target of 2735 and recording its lowest level at $2730 per ounce. Today’s technical outlook suggests the possibility of continuing the downward trend. However, upon closer examination, there appears to be a conflict between technical indicators. …

The euro declined against the US dollar during the morning trading session today, retreating after several consecutive sessions of gains and failing to maintain its position above the psychological barrier of 1.0500. From a technical perspective, a closer examination of the 4-hour chart reveals that the pair is holding below …

Financial markets were shaken on Monday as tech-heavy Nasdaq futures slumped, led by a steep decline in Nvidia (NASDAQ:NVDA). The drop follows concerns surrounding a potential shift in AI infrastructure demand after Chinese start-up DeepSeek unveiled a low-cost, energy-efficient AI model. Nvidia shares were down 11.7% in premarket U.S. trading, …

European shares faced significant losses on Monday, driven by a selloff in the technology sector after China’s DeepSeek unveiled a low-cost, energy-efficient AI model. The development raised concerns over the profitability of existing AI players and reduced demand for high-performance chips. Market Highlights: STOXX 600: Fell 0.6% by 0941 GMT, …

The U.S. dollar showed mixed performance on Monday as tariff concerns resurfaced and investors braced for a busy week of central bank decisions and key economic data releases. Dollar Performance The Dollar Index (DXY) rose 0.1% to 107.58, rebounding from a one-month low but remaining close to last week’s dip, …

Gold prices dipped in Asian trading on Monday, shedding last week’s sharp gains as the U.S. dollar strengthened following President Donald Trump’s temporary imposition of tariffs on Colombian imports. Investors remained cautious ahead of the Federal Reserve’s interest rate decision this week, further pressuring the yellow metal. Gold Market Performance …

Bitcoin faced a significant decline on Monday, falling 4.4% to $100,557.5, as broader market sentiment soured following tariff threats from U.S. President Donald Trump and a hawkish Federal Reserve outlook. The cryptocurrency market also grappled with the lingering ambiguity surrounding Trump’s stance on crypto regulations, adding to the downward pressure. …

At the World Economic Forum in Davos, global business leaders echoed U.S. President Donald Trump’s calls for the European Union to expedite deregulation and enhance competition. The discussions underscored growing concerns about the EU’s ability to keep pace with other developed markets, particularly in light of rapid advancements in technology …