Oil prices remained steady in Asian trade on Wednesday, after sharp gains earlier this week, as market attention shifted toward a potential build in U.S. crude inventories and an upcoming interest rate decision by the Federal Reserve. Crude prices surged earlier this week, supported by U.S. threats to sanction Russian …

DowJones

The USD/CAD pair confirmed the bullish outlook outlined in our previous report, reaching the initial target at 1.3780 and registering a session high of 1.3788. Technical Outlook: Intraday price action continues to reflect a strong bullish trend, supported by sustained stability above the key Simple Moving Averages (SMAs), which serve …

Oil, Crude, trading

WTI crude oil prices recorded a notable surge during the previous session, validating our previously neutral stance that highlighted a potential breakout above the minor downtrend line. The expected targets at $67.40 and $68.20 were both reached, with crude ultimately hitting a high of $69.72 per barrel. Technical Outlook: US …

Gold prices are currently trading within a rangebound pattern, stabilizing above the strong support level at $3,310 while facing key resistance near $3,334. Technical Outlook: Price action shows limited bullish momentum following a rebound from the important psychological level at $3,300. However, the upside remains capped by the 50-period Simple …

The EUR/USD pair continues its gradual decline, aligning with the outlook presented in our previous technical report, and moving closer to the key target at 1.1510. Technical Outlook: The pair is currently trending lower after breaking below the 1.1580 support level. A closer look at the chart reveals mild bullish …

Bitcoin stayed steady near $119,000 on Tuesday as investors awaited further clarity on U.S. trade negotiations and remained cautious ahead of the Federal Reserve’s policy decision scheduled for Wednesday. The world’s largest cryptocurrency had been trading sideways for most of July after reaching a record high above $123,000 earlier this …

Visa (NYSE:V) and Mastercard (NYSE:MA), the world’s largest payment processors, are expected to report higher quarterly profits this week, driven by steady consumer spending. As one of the most widely used payment networks globally, both companies stand well-positioned to withstand economic downturns, thanks to their broad consumer base and diversification …

European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in EssilorLuxottica, and optimism surrounding the newly inked trade deal between the U.S. and the European Union. Market Performance Pan-European STOXX 600 index: Rose 0.5% by 0815 GMT. Germany’s DAX and France’s CAC 40: Both added …