Gold prices pulled back in Asian trade on Wednesday after earlier climbing to a more than two-week high, as markets weighed renewed concerns over U.S. Federal Reserve independence following President Donald Trump’s attempts to remove Governor Lisa Cook. The yellow metal initially surged on Monday after Trump announced Cook’s immediate …

The Dow Jones Industrial Average (DJI30) saw mixed movements in the previous trading session, attempting an upward rebound after hitting a low of 45,183. Technical Outlook – 4-hour timeframe: The 50-period simple moving average has once again shifted to support the price from below, providing a positive technical signal. At …

The technical outlook remains unchanged, with the USD/CAD pair continuing to trade in a sideways range as conflicting technical signals persist. Technical Outlook – 4-hour timeframe: The 50-period simple moving average is pressing down on the price from above, creating a resistance level that may limit upward attempts. At the …

The GBP/USD pair is under negative pressure in the morning session as it approaches the psychological resistance level of 1.3500. Technical Outlook – 4-hour timeframe: The pair’s stability below the simple moving average continues to reinforce the possibility of extended downside pressure. However, the Relative Strength Index (RSI) has started …

US WTI crude oil futures reversed the upward trend anticipated in the previous technical outlook, which had been based on trading above the 63.65 level, instead recording a low of $63.07 per barrel. Technical Outlook – 4-hour timeframe: The price is currently attempting to stabilize above the key psychological support …

Gold prices (XAU/USD) posted strong gains in the previous session, achieving the projected technical target at $3,392 and recording a high of $3,393, in line with prior bullish expectations. Technical Outlook – 4-hour timeframe: The metal is trading firmly above the 50-period simple moving average, which continues to support the …

Mixed trading characterized the movements of the EUR/USD pair in the previous session, as it attempted to maintain stability above the 1.1600 level. Technical Outlook – 4-hour timeframe: Intraday action reflects the continuation of bearish pressure, with the pair remaining below the 50-period simple moving average, which acts as dynamic …

U.S. stock index futures edged lower Tuesday as markets reacted to President Donald Trump’s abrupt dismissal of Federal Reserve Governor Lisa Cook, intensifying fears over political interference in the central bank. At 05:55 ET (09:55 GMT), Dow Jones Futures fell 70 points, or 0.2%, S&P 500 Futures dropped 6 points, …

Bitcoin tumbled to a seven-week low on Tuesday as investors shunned risk following U.S. President Donald Trump’s unprecedented dismissal of Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. As of 01:59 ET (05:59 GMT), Bitcoin traded 1.8% lower at $110,231.8, its lowest since July 9, retreating …

Gold Gains on Political UncertaintyGold prices climbed in Asian trading on Tuesday as investors sought safety after U.S. President Donald Trump moved to fire Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. Spot gold rose 0.3% to $3,375.29 per ounce, while October futures were up 0.2% …