Oil, Crude, trading

We maintained a neutral stance in our previous report due to conflicting technical signals, clarifying that a steady break above the key resistance level at 68.00 could provide additional support for the upward movement. This has already happened, with the price successfully reaching 68.87. Technical Outlook – 4-Hour Timeframe: The …

Gold prices failed to maintain their upward momentum and began today’s session under renewed selling pressure, breaching the key support level at $3295 — a level we previously identified as a critical threshold for sustaining the bullish outlook. In early trading, gold dipped to a low of $3284 at the …

The EUR/USD pair has successfully activated the expected bearish scenario outlined in the previous technical report, reaching the first corrective target at 1.1690 and recording a session low of 1.1682. Technical Outlook – 4-Hour Timeframe: The technical picture continues to show bearish pressure on the pair. The 50-period Simple Moving …

Oil prices retreated on Tuesday after rising nearly 2% in the previous session, as investors assessed the latest developments surrounding U.S. tariffs and the higher-than-expected increase in OPEC+ output for August. Tariff Concerns Weigh on Market Sentiment By 1043 GMT, Brent crude futures were down 12 cents, or approximately 0.2%, …

Bitcoin experienced a slight decline on Tuesday, dropping 0.5% to $108,224.20, as new U.S. tariffs announced by President Donald Trump dampened investor risk appetite. The cryptocurrency has remained range-bound in recent sessions, with traders reluctant to make large bets amid growing uncertainty about the global economic landscape. Trump’s Tariff Announcement …

European stocks experienced modest gains on Tuesday as investors assessed the latest news on U.S. trade tariffs and awaited further developments on potential trade agreements. At 03:05 ET (07:05 GMT), the DAX index in Germany was up by 0.3%, the CAC 40 in France climbed by 0.1%, and the FTSE …

Gold prices held steady in Asian trade on Tuesday after U.S. President Donald Trump’s latest tariff threats spurred some safe-haven demand. However, a recovery in the dollar limited further gains in metal markets, as traders remained cautious amid trade uncertainty. Trump’s Tariff Threats and Postponement of Deadline Gold prices rose …

Oil, Crude, trading

During yesterday’s trading, the Canadian dollar faced strong resistance near 1.3685, which effectively capped the upside and pressured the pair lower. At the time of writing, USD/CAD is trading around 1.3655, remaining under the influence of that resistance zone. Technical Indicators The simple moving averages are acting as dynamic resistance, …