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 …

Gold Surges as Safe-Haven Demand Increases Gold prices saw a notable increase in Asian trade on Tuesday, driven by heightened safe-haven demand due to rising uncertainty surrounding U.S. trade negotiations and concerns over President Donald Trump’s upcoming tariff deadline. Spot gold rose 0.8%, reaching $3,328.71 per ounce, while Gold Futures …

UK house prices dropped by 0.8% in June, marking the biggest monthly decline in more than two years, according to data from mortgage lender Nationwide. This drop was sharper than the forecasted 0.2% increase, highlighting a cooling in the housing market. The decline is attributed to the ending of a …

Bitcoin experienced a decline on Tuesday, extending its overnight losses as broader market sentiment soured due to growing uncertainty surrounding U.S. trade tariffs and the fiscal implications of President Donald Trump’s tax and spending cut bill. The world’s largest cryptocurrency fell 1.5%, trading at $106,811.6 by 01:39 ET (05:39 GMT), …