The U.S. dollar struggled to advance against major currencies on Thursday amid growing bets that the Federal Reserve could reduce interest rates next month. Traders reacted to comments from New York Fed chief John Williams, who signaled a rate cut was possible, and to President Trump’s campaign to replace Fed …

The Dow Jones Industrial Average (DJI30) moved in line with prior expectations, extending its upward momentum toward the first target at 45,645, coming close to the next resistance at 45,770, and posting a session high of 45,735. Technical Outlook – 4-hour timeframe: The 50-period simple moving average continues to support …

The USD/CAD pair declined in the previous trading session. As highlighted in our last report, we maintained a neutral stance due to conflicting technical signals, noting that a break below 1.3820 would apply negative pressure and open the way for a retest of 1.3790. The pair indeed extended losses, reaching …

An uptrend has successfully taken control of GBP/USD trading, in line with the positive outlook highlighted in our previous technical report. The pair reached the projected target at the first resistance of 1.3500, recording a high of 1.3518. Technical Outlook – 4-hour timeframe: The price has firmly established itself above …

US WTI crude oil successfully established a base above the psychological support at $63.00, as highlighted in the previous report, and staged an upward rebound that reached the official target at $64.20 per barrel—the highest level of the last trading session. Technical Outlook – 4-hour timeframe: Current intraday movements show …

Gold prices (XAU/USD) extended their gains yesterday, reaching the official target highlighted in the previous technical report at $3,399 per ounce. Technical Outlook – 4-hour timeframe: Intraday movements are currently reflecting a natural corrective pullback due to mild profit-taking. Despite this, prices remain firmly above the 50-period simple moving average, …

The EUR/USD pair came under negative pressure in the previous session after failing to sustain stability above the psychological support highlighted in our last report, recording a low of 1.1574. Technical Outlook – 4-hour timeframe: The pair rebounded higher after regaining stability above the 1.1600 level. However, despite this recovery, …

European Stocks Rebound as Investors Buy the Dip Ahead of Nvidia Earnings Pan-European RecoveryEuropean equities edged higher on Wednesday, rebounding from their largest drop in nearly a month. The STOXX 600 index rose 0.4% by 07:07 GMT, with Germany, Italy, and Spain adding between 0.1% and 0.3%. French Political Risks …

Bitcoin edged higher on Wednesday after hitting a seven-week low in the previous session, as market sentiment remained cautious following U.S. President Donald Trump’s attempted firing of Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. As of 02:32 ET (06:32 GMT), Bitcoin traded 1.2% higher at …

British producer output prices rose 1.9% year-on-year in June, while producer input prices fell 1.0% annually, according to interim data released Wednesday by the Office for National Statistics (ONS). These figures represent preliminary estimates, as the ONS paused regular publication of the Producer Price Index (PPI) in March after identifying …