European stocks dropped sharply on Tuesday, driven by growing fears of an escalation in the Israel-Iran conflict and anticipation surrounding the Federal Reserve’s upcoming two-day meeting. As of 03:05 ET (07:05 GMT), the DAX index in Germany fell by 1%, the CAC 40 in France dropped 0.8%, and the FTSE …
Read More »Gold Prices Steady Amid Israel-Iran Uncertainty, U.S. Involvement in Focus
Gold prices steadied in Asian trade on Tuesday, after retreating in the prior session amid growing uncertainty over U.S. involvement in the Israel-Iran conflict and the potential for a ceasefire. Spot gold rose 0.2% to $3,392.25 per ounce, while gold futures for August dropped 0.2% to $3,410.70 per ounce by …
Read More »Dow Jones Seeks a Stronger Direction 17/6/2025
Oil, Crude, trading
Read More »CAD Holds Steady Within the Bearish Trend 17/6/2025
The technical outlook remains unchanged for the USD/CAD pair, with price movements still dominated by a bearish trend after encountering strong resistance near the psychological level of 1.3600. From today’s technical analysis perspective, the 4-hour chart shows that the simple moving averages continue to apply downward pressure from above. Additionally, …
Read More »GBP Attempts to Hold Above Support 17/6/2025
Oil, Crude, trading
Read More »Oil Attempts to Establish a Support Base 17/6/2025
U.S. crude oil futures experienced notable fluctuations during yesterday’s trading session, primarily due to profit-taking following the sharp rally that began late last week. From a technical perspective, oil prices are attempting to establish a solid support base around the psychological level of $69.00 in order to resume the upward …
Read More »Gold Tries to Restore Upward Momentum 17/6/2025
Gold experienced a downward trend during yesterday’s session, moving within a weak and somewhat indecisive pattern that deviated from the anticipated bullish outlook. Despite this, the price remained above the key support level of $3,390, recording a session low at $3,373 per ounce. From a technical standpoint, today’s outlook remains …
Read More »Euro Seeks to Relieve Overbought Pressure 17/6/2025
The EUR/USD pair is currently undergoing a bearish correction following several sessions of sustained gains, with the euro unable to maintain a foothold above the key psychological resistance level of 1.1600. As of the latest data, the pair is trading near 1.1555. From a technical perspective, the 4-hour chart indicates …
Read More »U.S. Stock Index Futures Edge Higher Ahead of Fed Meeting and G7 Summit
U.S. stock index futures edged higher on Monday, attempting to recover some of last week’s sharp losses, while investors awaited the Federal Reserve’s interest rate decision later in the week. As of 05:25 ET (09:25 GMT), Dow Jones Futures rose by 145 points, or 0.4%, S&P 500 Futures gained 27 …
Read More »Bitcoin Recovers Amid Israel-Iran Tensions and Fed Meeting Expectations
Bitcoin firmed on Monday, recovering from a recent dip triggered by escalating tensions in the Israel-Iran conflict, which had briefly pushed the cryptocurrency to a one-week low. The world’s largest cryptocurrency rose 0.5% to $106,581.80 by 01:55 ET (05:55 GMT), after falling to $102,000 over the weekend. Broader crypto markets …
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