Gold Prices Poised for Further Upside, Technical Analysis Suggests Gold prices have found solid footing at the 2340 support level, as highlighted in the previous technical report. This support, coinciding with the 23.60% Fibonacci retracement level on the 240-minute timeframe chart, successfully halted the recent downward trend and propelled prices …

The euro is experiencing a critical moment in its ongoing dance with the U.S. dollar. After a brief flirtation with the 1.0900 resistance level, the pair has retreated to 1.0845, leaving traders pondering its next move. A closer look at the technical landscape reveals a delicate balance between bullish and …

The U.S. stock market is transitioning to a shorter settlement cycle on Tuesday, a move regulators hope will reduce risk and enhance efficiency in the world’s largest financial market. However, this shift is expected to temporarily increase transaction failures for investors as they adapt to the accelerated timeline. Under the …

The U.S. dollar experienced a slight dip in early European trading on Tuesday, attributed to a minor uptick in risk sentiment. However, trading ranges remained narrow as investors eagerly awaited the release of crucial inflation data. As of 04:25 ET (08:25 GMT), the Dollar Index, which measures the greenback against …

European stock markets displayed a mixed performance on Tuesday, with the return of U.K. markets after a holiday break. Investors eagerly anticipated key inflation data from both Europe and the United States, seeking insights into the future direction of monetary policy. Early in the trading day, Germany’s DAX index edged …

Gold prices found their footing in Asian markets on Tuesday, buoyed by a slightly weaker dollar. Traders were on edge, awaiting a series of crucial inflation readings this week, particularly the U.S. Personal Consumption Expenditures (PCE) index. The precious metal managed to recover some of its losses from the previous …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

WTI crude oil futures prices have aligned with our previous technical forecast, reflecting a downward trend while trading below the $77.70 resistance level. However, as anticipated, a consolidation above this level triggered a recovery, pushing prices to a high of $78.90 in early trading today. Technical Indicators Support Potential for …