Asian stocks bounced back on Tuesday, regaining some lost ground as investors cautiously awaited further developments in the potential trade war between China and the West. Upcoming inflation data also remained in focus, as it could provide clues about the future trajectory of interest rates. China’s Markets Stabilize, Trade Tensions …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices continue their impressive rally, reaching a 7-week high of $81.86 per barrel, surpassing our previously identified target of 81.60. Technical Outlook: The technical outlook remains strongly bullish. The price has established a solid support base around 79.60 and is holding above the psychologically important 80.00 …

Gold prices have been trading within a narrow range, bounded by the 2317 support and 2340 resistance levels during the start of the week. Technical Outlook: Our technical analysis suggests a potential continuation of the downward trend. This bearish outlook is supported by the price remaining below the crucial 2340 …

The EUR/USD pair experienced mixed trading with a negative bias in the previous session, breaking below the 1.0700 psychological support level and reaching a low of 1.0683. However, the pair has since rebounded and is currently stabilizing above 1.0700, notably holding above the 61.80% Fibonacci retracement level of 1.0720. Technical …

Oil Prices Edge Higher Amidst Summer Driving Optimism, Geopolitical Concerns Oil prices continued their upward trend on Monday, buoyed by expectations of increased demand during the summer driving season, particularly in the crucial U.S. market. As of 08:25 ET, Brent oil futures rose 0.5% to $84.78 a barrel, while West …

Bitcoin’s downward spiral continues, plummeting to the $62,300 range as the new week begins. This latest sell-off is attributed to the financial strain on Bitcoin miners, who have offloaded over $2 billion worth of Bitcoin this month to offset dwindling revenues. The root of the miners’ woes lies in the …

U.S. stock index futures saw a slight uptick on Monday, hovering near record highs as investors eagerly awaited this week’s crucial inflation data for insights into the future trajectory of interest rates. Early morning trading saw Dow Jones Futures rise 0.3%, S&P 500 Futures climb 0.1%, and Nasdaq 100 Futures …