Oil prices remained little changed on Thursday, as markets assessed the impact of U.S. tariffs on Canada and Mexico, while awaiting the upcoming OPEC+ ministerial meeting. Brent crude futures fell 7 cents (-0.09%) to $76.51 per barrel. U.S. crude futures inched up 2 cents (+0.03%) to $72.64 per barrel by …
Read More »Gold Prices Steady as Markets Weigh Fed’s Hawkish Stance, Trade War Risks
Gold prices held steady in Asian trading on Thursday, as investors evaluated the Federal Reserve’s firm stance on interest rates alongside rising uncertainty over U.S. tariffs. Spot gold (XAU/USD) edged 0.1% higher to $2,765.64 per ounce. Gold futures (February contract) climbed 0.3% to $2,803.39 per ounce by 01:45 ET (06:45 …
Read More »Dow Jones may continue its gradual rise 30/1/2025
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Read More »USD/JPY faces negative pressure 30/1/2025
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Read More »GBP holds above support 30/1/2025
Oil, Crude, trading
Read More »Oil touches official target 30/1/2025
A bearish trend dominated US crude oil futures, aligning with the previous technical outlook, as the price successfully touched the $72.30 target. Technical Outlook: Simple moving averages continue to pressure prices downward. The price remains below the previously broken support at $73.90, now acting as a resistance level. Key Levels …
Read More »Gold is based on support 30/1/2025
Gold managed to establish strong support above $2740, rebounding higher in the previous session and reaching $2766 per ounce. Technical Outlook: The price remains above the 50-day simple moving average, reinforcing bullish momentum. The Stochastic indicator shows positive signals, suggesting further upside potential. Key Levels to Watch: Above $2770: A …
Read More »Euro tends to fall, eyes on ECB 30/1/2025
The EUR/USD pair remained within a narrow sideways range in the previous session, trading above 1.0380 and below 1.0450 without significant movement. Technical Outlook: The pair remains below the key resistance levels of 1.0460 and 1.0485. The Stochastic indicator is positioned near overbought levels, suggesting potential downside pressure. Key Levels …
Read More »Bitcoin Slips as Traders Eye Fed Decision, Trump’s Crypto Stance
Bitcoin dipped 0.5% to $102,140.0 by 08:14 ET (13:14 GMT) on Wednesday, as bargain buying failed to fully offset recent losses. Sentiment remained fragile amid uncertainty over U.S. trade policy, Federal Reserve rate decisions, and crypto regulations. Key Market Factors 1. Trump’s Trade and Crypto Policies Create Uncertainty The White …
Read More »European Natural Gas Prices Rise Amid Supply Uncertainty
European natural gas prices climbed 3% in midday trading on Wednesday, driven by falling inventories and supply concerns. The Dutch TTF contract, Europe’s key gas benchmark, rose to €49.67 per megawatt-hour (MWh). Key Market Drivers 1. Declining Gas Storage Levels EU gas storage was at 55.5% capacity as of Monday, …
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