The US dollar strengthened on Tuesday, recovering from losses in the previous session, as global growth concerns resurfaced and heightened fears of trade wars began to weigh on market sentiment. At 04:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of six major currencies, rose …
Read More »Gold Prices Steady Amid Fed Meeting Uncertainty and Dollar Strength
Gold prices remained stable in early Asian trading on Tuesday after a sharp decline of over 1% on Monday, driven by a rebound in the U.S. dollar and growing caution ahead of the Federal Reserve’s interest rate decision. Spot gold (XAU/USD) traded at $2,740.19 per ounce, while February gold futures …
Read More »Dow Jones tries to hold above support 28/1/2025
Oil, Crude, trading
Read More »USD/JPY: to be monitored 28/1/2025
japanese-yen
Read More »GBP may retest support 28/1/2025
Oil, Crude, trading
Read More »Oil: Bearish Technical Structure 28/1/2025
A bearish trend dominated US crude oil futures prices during the early trading sessions this week, with prices reaching their lowest level at $72.42 per barrel. From a technical standpoint, examining the 4-hour chart reveals the formation of a bearish inverted head and shoulders pattern. Additionally, oil prices remain below …
Read More »Gold is waiting for a signal to move 28/1/2025
Negative trading dominated gold’s movements as anticipated in the previous report, reaching the first target of 2735 and recording its lowest level at $2730 per ounce. Today’s technical outlook suggests the possibility of continuing the downward trend. However, upon closer examination, there appears to be a conflict between technical indicators. …
Read More »Euro faces negative pressure 28/1/2025
The euro declined against the US dollar during the morning trading session today, retreating after several consecutive sessions of gains and failing to maintain its position above the psychological barrier of 1.0500. From a technical perspective, a closer examination of the 4-hour chart reveals that the pair is holding below …
Read More »Nvidia and AI Infrastructure Face Fresh Uncertainty
Financial markets were shaken on Monday as tech-heavy Nasdaq futures slumped, led by a steep decline in Nvidia (NASDAQ:NVDA). The drop follows concerns surrounding a potential shift in AI infrastructure demand after Chinese start-up DeepSeek unveiled a low-cost, energy-efficient AI model. Nvidia shares were down 11.7% in premarket U.S. trading, …
Read More »European Shares Drop as China’s AI Innovation Sparks Tech Selloff
European shares faced significant losses on Monday, driven by a selloff in the technology sector after China’s DeepSeek unveiled a low-cost, energy-efficient AI model. The development raised concerns over the profitability of existing AI players and reduced demand for high-performance chips. Market Highlights: STOXX 600: Fell 0.6% by 0941 GMT, …
Read More »