The Canadian dollar met the previous report’s target at 1.4520, reaching 1.2828 at the time of writing. Technical Outlook Bullish Scenario: The simple moving averages continue to provide positive momentum, reinforcing the likelihood of further gains. Additionally, the 14-day momentum indicator on short-term timeframes supports the upward bias. A continuation …

Oil, Crude, trading

U.S. crude oil futures experienced a sharp decline, aligning with our previous technical outlook, reaching the first target at $68.85 and coming within a few points of the next official support at $67.80, recording a low of $67.85 per barrel. Technical Outlook A closer look at the 4-hour chart shows …

Gold prices exhibited positive movement in the previous session, attempting to halt the ongoing downward correction and showing temporary stability above 2884. From a technical perspective, despite the bullish momentum observed yesterday, a closer look at the 4-hour chart reveals that the price remains stable above 2868, which corresponds to …

The pair began the week on a bullish note, successfully breaking through the strong resistance level of 1.0450, as highlighted in the previous report. This breakout served as a catalyst for further upside potential, driving the price to a high of 1.0505, with the next target at 1.0540. From a …

Oil prices edged higher on Monday, buoyed by upbeat Chinese manufacturing data, as traders assessed geopolitical developments, including efforts to resolve the Russia-Ukraine conflict and the impact of U.S. tariffs. As of 08:30 ET (13:30 GMT), Brent crude futures for May delivery rose 0.6% to $73.24 per barrel, while West …

Gold prices edged higher in Asian trading on Monday, supported by a weaker U.S. dollar and persistent geopolitical uncertainties. Investors turned to the precious metal as a safe-haven asset amid ongoing trade policy tensions and stalled Russia-Ukraine peace talks. Spot gold increased by 0.3% to $2,865.69 per ounce, while April …

Bitcoin surged on Monday, extending a sharp rebound from last week’s losses after U.S. President Donald Trump reaffirmed his commitment to establishing a Crypto Strategic Reserve. The move, which includes Bitcoin among other major cryptocurrencies, fueled a rally across digital asset markets. The world’s largest cryptocurrency briefly touched $94,901.96 before …

European stock markets opened the week on a positive note, with investors closely monitoring upcoming inflation data from the eurozone ahead of the European Central Bank’s (ECB) policy-setting meeting. As of early trading on Monday, Germany’s DAX index advanced by 0.9%, France’s CAC 40 gained 0.2%, and the UK’s FTSE …

Oil, Crude, trading