Oil prices reversed downward momentum Wednesday as the U.S. military’s full implementation of an Iranian naval blockade reignited supply disruption anxieties, offsetting market optimism about potential diplomatic breakthroughs. Brent crude futures advanced 0.4% to $95.18 per barrel, while West Texas Intermediate gained 0.2% to $88.36 per barrel by 22:43 ET. …

Dow Jones Industrial Average Technical Analysis The Dow Jones Industrial Average on the New York Stock Exchange has advanced in line with the bullish trend outlined in our previous technical report, reaching the official target of 48,800 and recording a session high of 48,810. Technical Outlook – 4-Hour Timeframe: Price …

USD/CAD Technical Analysis The USD/CAD pair has remained under downward pressure, advancing toward the initial target outlined in our previous technical report of 1.3750, with a session low of 1.3731. Technical Outlook – 4-Hour Timeframe: The simple moving averages continue to exert downward pressure on price action, while the pair …

GBP/USD Technical Analysis The GBP/USD pair has sustained its recent gains, as outlined in our previous technical report, reaching the official target of 1.3565 and posting a session high of 1.3590. Technical Outlook – 4-Hour Timeframe: The simple moving averages have supported the pair’s positive momentum following a successful breach …

US Crude Oil Futures Technical Analysis US crude oil futures declined as anticipated, surpassing our initial target of $93.20 and reaching a session low of $87.04. Technical Outlook – 4-Hour Timeframe: Price action has rebounded sharply from the lows and is currently hovering near $91.60. This recovery reflects the correction …

Gold (XAU/USD) Technical Analysis Gold prices posted a strong surge in recent trading, achieving substantial gains after successfully breaching the pivotal resistance level of 4800—a key threshold we previously identified as critical for continued upward momentum. This breakout reinforced positive momentum, propelling prices toward targets of 4820 and 4865, with …

The EUR/USD pair exhibited a strong uptrend during the previous trading session, aligning with bullish expectations and reaching the initial target of 1.1800, with a session high of 1.1811. Technical Outlook – 4-Hour Timeframe: The pair has encountered natural selling pressure following the achievement of the psychological resistance level at …

Key Takeaways: Wall Street opens higher: Equities caught a bid Tuesday, led by a 0.9% jump in the Nasdaq, following a cooler-than-anticipated Producer Price Index (PPI) report. Core inflation shows restraint: While headline PPI jumped to 4.0% year-over-year due to energy shocks, core PPI rose just 0.1% for the month, …

The latest Producer Price Index reading reveals a more subdued inflationary landscape than anticipated, with significant implications for monetary policy and currency markets. PPI Holds Steady, Misses Forecast The PPI registered 0.5%, matching the previous month’s figure but falling well short of the 1.1% increase economists had projected. This flat …

Key Takeaways: Oil Cools: Brent crude slipped back below the $100 mark as renewed diplomatic efforts between Washington and Tehran eased immediate supply fears. Blockade Enters Day Two: The U.S. military continues to restrict access to Iranian ports and coastal areas, prompting fierce blowback from Iran and unease from Saudi …