The pair is trying to base, but 1.3190 resistance is capping upside and limiting consolidation attempts. Technical outlook RSI: Despite oversold readings, momentum signals remain negative, underscoring a dominant downtrend. 50-SMA (4H): Price still above the average, offering some underlying support—hence the mixed setup. Trade map (wait for confirmation) Bearish …

WTI slipped in early trade, consolidating near $59.40. Technical outlook SMAs: Price holds beneath the simple moving averages, which act as dynamic resistance and cap rebounds. RSI: Negative momentum signals persist, consistent with a downward bias. Base case (bearish while below $60.10) Staying under $60.10 keeps the risk tilted lower. …

Gold confirmed the bearish trigger highlighted previously: a clean break below $4,055/$4,050 shifted near-term structure lower and extended losses toward the $4,004 area. Technical outlook Trend/50-SMA: Price is below the 50-SMA, which now acts as dynamic resistance, reinforcing downside control. Momentum (RSI): Firm negative signals support continued selling pressure. Base …

The pair traded in a tight range to start the week, attempting to keep the short-term uptrend intact. Technical outlook SMAs/structure: Price holds above the simple moving averages, reinforcing a constructive bias. Momentum: Intraday RSI shows positive divergence, hinting at building upside momentum. Base case (bullish, confirmation needed) Above 1.1580 …

Canada’s annual inflation cooled to 2.2% in October, helped by cheaper gasoline, slower grocery inflation and the first sub-3% reading for mortgage interest costs in more than three years, Statistics Canada said Monday. On a month-over-month basis, CPI rose 0.2%, matching forecasts. Economists had looked for 2.1% year over year …

Crude prices eased Monday, giving back part of Friday’s surge after tanker-tracking data showed Russia’s Novorossiysk port had resumed crude loadings, tempering immediate fears of a supply shock. Brent (Jan) down 0.7% to $63.97/bbl WTI down 0.7% to $59.52/bbl (04:35 ET) Supply scare fades—but risk linger remains Friday’s 2%+ rally …

Bitcoin trimmed part of its slide on Monday but stayed under pressure, with fading expectations of a Federal Reserve rate cut next month and nerves ahead of long-delayed U.S. data keeping buyers cautious. The world’s largest cryptocurrency last traded 0.7% lower at $95,101, after touching $93,043 in the past 24 …

European equities drifted lower at the open on Monday, with investors uneasy about global growth and bracing for a pivotal earnings update from AI bellwether Nvidia later this week. At 03:02 ET (08:02 GMT), Germany’s DAX was little changed, France’s CAC 40 slipped 0.1%, and the U.K.’s FTSE 100 fell …

Gold fell in Asian trading Monday, extending last week’s pullback as traders further priced out the likelihood of a Federal Reserve rate cut next month and the U.S. dollar nudged higher. Spot gold: $4,053.84/oz (-0.6%) by 00:33 ET Dec futures: $4,055.91/oz (-0.9%) Policy repricing pressures bullion A swift reset in …

Asian equities edged lower Monday, with Japanese shares under pressure after data showed the economy shrank sharply in the third quarter, while caution ahead of Nvidia’s results kept a lid on risk appetite. U.S. equity futures firmed, hinting at a potential rebound on Wall Street after a choppy start to …