Oil prices fell on Wednesday, pressured by a build-up in U.S. crude inventories and reduced concerns over Libyan supply disruptions. Investors are also closely monitoring potential U.S. tariffs on Canadian and Mexican oil imports. As of 0916 GMT: Brent crude futures declined $0.59 (-0.76%) to $77.90 per barrel. U.S. West …
Read More »European Markets Steady as Investors Digest Corporate Earnings, Await ECB and Fed Decisions
European stock markets remained relatively stable on Wednesday as investors evaluated a series of major corporate earnings while awaiting policy decisions from both the European Central Bank (ECB) and the U.S. Federal Reserve. As of 03:05 ET (08:05 GMT): Germany’s DAX rose 0.4% France’s CAC 40 slipped 0.4% UK’s FTSE …
Read More »Gold Holds Steady as Markets Await Fed Decision and Trump’s Trade Moves
Gold prices remained largely unchanged in Asian trading on Wednesday as investors braced for the Federal Reserve’s policy decision amid growing uncertainty surrounding U.S. trade policies under President Donald Trump. Spot gold was muted at $2,762.64 per ounce, while gold futures for February delivery edged up 0.1% to $2,796.06 an …
Read More »Dow Jones touches desired target 29/1/2025
Oil, Crude, trading
Read More »USD/JPY: Waiting for a Move Signal 29/1/2025
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Read More »GBP tests support 29/1/2025
Oil, Crude, trading
Read More »Oil: Negative pressure persists 29/1/2025
Negative pressure continues to dominate U.S. crude oil futures, with prices reaching a low of $72.95 per barrel during the previous session. From a technical perspective, the 4-hour chart reveals a bearish head and shoulders formation, with the price remaining below 74.25, further pressured by negative signals from the simple …
Read More »Gold continues its rise, Eyes on the Fed 29/1/2025
In the previous report, we maintained a neutral stance due to conflicting technical signals, noting that a confirmed breach of the 2755 resistance level could lead to a new upward wave, targeting 2765, with the price reaching a high of $2766 per ounce. From a technical perspective today, the 4-hour …
Read More »Euro may continue gradual decline 29/1/2025
The EUR/USD pair remains in narrow sideways trading, gradually declining toward the first target of 1.0400, after recording its lowest price at 1.0414. From a technical analysis perspective, the 4-hour chart shows the pair stabilizing below the key resistance levels of 1.0460 and, more importantly, 1.0485. Additionally, the 14-day momentum …
Read More »Bitcoin Rebounds Amid Market Jitters and Trump’s Crypto Moves
Bitcoin regained some ground on Tuesday, recovering from recent losses as bargain hunters took advantage of the cryptocurrency’s dip below the $100,000 mark. Despite the rebound, traders remained cautious amid concerns over a potential market rout spurred by artificial intelligence developments and political uncertainty surrounding U.S. President Donald Trump’s stance …
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