As anticipated in the previous report, the EUR/USD pair extended its strong downtrend, achieving the target of 1.0250 and marking a low of 1.0220. Technical Outlook:A closer look at the 4-hour chart highlights continued bearish pressure from the 50-day simple moving average. However, the Stochastic indicator is beginning to show …

U.S. stock index futures opened the new year on a positive trajectory, reflecting investor optimism following a year of stellar market performance. By 05:25 ET (10:25 GMT), Dow Jones Futures rose 195 points (0.5%), S&P 500 Futures gained 38 points (0.7%), and Nasdaq 100 Futures climbed 165 points (0.8%). The …

European stocks fluctuated on the first trading session of 2025, as investor sentiment remained cautious following a late-year selloff driven by concerns over high valuations and potential policy shifts under incoming U.S. President Donald Trump. The pan-European STOXX 600 index dipped 0.2% by 0946 GMT, erasing earlier gains as trading …

Oil prices started 2025 with modest gains on Thursday as investors cautiously assessed China’s economic outlook and fuel demand. President Xi Jinping’s pledge to adopt proactive policies aimed at boosting growth in 2025 provided some optimism to the market. Brent crude futures climbed by 0.21% to $74.80 per barrel, while …

Gold prices inched higher in Asian trading on Thursday, building on their robust performance in 2024 as a softer U.S. dollar lent support. However, investor caution lingered due to the U.S. Federal Reserve’s indications of fewer interest rate cuts in 2025. Spot gold rose by 0.3% to $2,632.82 per ounce, …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures maintained an upward trajectory in line with the positive outlook outlined in the previous report, successfully reaching the anticipated target of $72.20 and recording a peak of $72.25 per barrel. Technical Outlook:The bullish bias remains dominant, supported by positive momentum from the simple moving averages and …

Gold prices are attempting a modest upward correction during the early trading sessions of this week, reaching a high of $2636 per ounce in today’s initial trades. Technical Analysis:A closer examination of the 4-hour chart reveals that the Stochastic indicator has entered overbought territory, coinciding with the price’s continued movement …