The Canadian dollar remains under clear downward pressure, with the USD/CAD pair extending losses across multiple sessions and registering a new low at 1.3669 during the week’s opening trade. From a technical standpoint, the 4-hour chart shows persistent bearish momentum, with simple moving averages (SMAs) pressing down from above and …
Read More »GBP Attempts to Recover from Temporary Weakness 10/6/2025
Oil, Crude, trading
Read More »Oil Records Notable Gains 10/6/2025
US crude oil futures extended their recent rally, posting additional gains at the start of the week and reaching a session high of $65.62 per barrel. From a technical standpoint, despite heightened intraday volatility following the recent surge, the broader trend remains bullish. A closer inspection of the 4-hour chart …
Read More »Gold Could Face Negative Pressure 10/6/2025
Gold prices experienced mixed performance during the previous trading session, with bullish momentum fading and the market opening today with a bearish bias. From a technical standpoint, a closer analysis of the 4-hour chart shows that gold failed to break through the critical resistance level at $3,325. The simple moving …
Read More »Euro Starts Testing Resistance Levels 10/6/2025
Positive momentum continues to influence the EUR/USD pair, with price action attempting to challenge the key psychological resistance at 1.1400, after reaching a session high near 1.1440 in the previous trading day. From a technical standpoint, today’s outlook remains tilted to the upside. The pair is benefiting from stable trading …
Read More »U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious stance ahead of renewed trade talks between Washington and Beijing, as well as the release of key inflation data later this week. As of 04:45 ET (08:45 GMT), Dow Jones Futures were up by 13 …
Read More »Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised caution ahead of high-stakes U.S.-China trade talks and an important U.S. inflation report later this week. As of 01:37 ET (05:37 GMT), the world’s largest cryptocurrency stood at $105,435.20. The cryptocurrency has been in a consolidation …
Read More »European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edge ahead of a new round of Sino-U.S. trade talks. The pan-European STOXX 600 index held steady at 553.21 points at 0746 GMT, after achieving gains over the previous four sessions. However, trading volumes were thin, …
Read More »Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the previous week. The market’s focus was squarely on high-level U.S.-China trade talks scheduled for later in the day, which fueled optimism for a potential de-escalation in the trade conflict between the two largest economies in …
Read More »Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand
Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, the losses were limited by the gains from the previous week and expectations of a potential U.S.-China trade deal that could support global economic growth and drive fuel demand higher. As of 0644 GMT, …
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