Bitcoin edged lower on Friday but retained most of its strong mid-week recovery, as traders stayed focused on expectations of a U.S. Federal Reserve rate cut and awaited crucial inflation figures. The world’s largest cryptocurrency was last down 1.1% at $92,146.6 by 01:59 ET (05:59 GMT). Earlier in the week, …

Oil prices held largely steady in Asian trading on Friday, pausing after the previous session’s gains, as stalled diplomatic efforts to end the Ukraine war and rising confidence in a U.S. Federal Reserve rate cut underpinned sentiment. As of 21:56 ET (02:56 GMT), Brent crude futures for February delivery slipped …

The Dow Jones Industrial Average (DJIA) extended its gains on Wall Street, reaching a high of 48,131. Technical Outlook – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) continues to support the prevailing upward trend and provides additional positive momentum. The Relative Strength Index (RSI) is also delivering positive signals, …

A gradual downward trend dominated USD/CAD movements, with the pair reaching a low of 1.3925. Technical Outlook – 4-Hour Timeframe: The simple moving averages continue to apply downward pressure, while the pair trades along a steep descending trend line—both reinforcing the bearish structure. Likely Scenario: As long as the price …

The British pound (GBP/USD) recorded a notable surge, posting strong gains yesterday near 1.3390. Technical Outlook – 4-Hour Timeframe: Simple moving averages continue to provide positive momentum, reinforcing the ongoing upward movement, supported further by positive divergence signals on the Relative Strength Index (RSI). As long as daily trading holds …

An upward trend dominated WTI crude oil futures in the previous session, with the price beginning to test the psychological resistance at $60.00. Technical Outlook – 4-Hour Timeframe: Oil is moving along a minor ascending trend line while maintaining stability above the 50-period simple moving average, which continues to act …

Gold traded mixed yesterday, with intraday movements stabilizing near the early high of $4,216 per ounce, reflecting a wait-and-see sentiment ahead of the next directional move. Technical Outlook – 4-Hour Timeframe: Staying above the simple moving averages continues to provide positive momentum and dynamic support, which may encourage further upside …

The EUR/USD pair met the previously anticipated target at 1.1670, reaching a high of 1.1682. Technical Outlook – 4-Hour Timeframe: Positive momentum continues to build, supported by simple moving averages that have begun to cross upward, reinforcing the bullish trend. The Relative Strength Index (RSI) is also showing a positive …

The number of Americans filing for first-time unemployment benefits fell sharply last week, hitting the lowest level in more than three years and signaling continued resilience in the labor market despite broader signs of cooling. Seasonally adjusted initial jobless claims dropped to 191,000 in the week ending November 29, according …

U.S. stock futures nudged higher on Thursday, as investors looked ahead to fresh labor market data and next week’s closely watched Federal Reserve policy meeting. By 05:35 ET (10:35 GMT): Dow Jones futures were up 50 points (+0.1%) S&P 500 futures gained 5 points (+0.1%) Nasdaq 100 futures climbed 18 …