DowJones

The USD/CAD pair is currently trading within a narrow range, consolidating between the psychological resistance at 1.3800 and the support level at 1.3760. Technical Outlook: Technical indicators are showing mixed signals. The Relative Strength Index (RSI) is gradually losing upward momentum, reflecting weakening bullish pressure. At the same time, the …

Oil, Crude, trading

U.S. crude oil futures extended their decline for the fourth consecutive session, reaching a two-week low near the $65.00 per barrel mark. Technical Outlook: Intraday price action shows a modest rebound attempt as oil tries to recover from oversold conditions. However, the 50-period Simple Moving Average (SMA) continues to act …

Gold prices have continued their upward trajectory, in full alignment with the bullish expectations outlined in our previous report. The metal successfully reached the projected target at $3,390, recording a session high at that level. Technical Outlook: Following the test of the $3,390 resistance zone, prices experienced a mild intraday …

The euro is attempting to renew its bullish momentum against the U.S. dollar in early trading, after successfully holding above the key support level at 1.1525. Technical Outlook: The pair is currently trading near the session high of 1.1585. The chart indicates early signs of easing downside pressure from the …

In a recent interview with CNBC, President Donald Trump made several key announcements regarding U.S. economic policy, including his thoughts on the Federal Reserve chairmanship, new tariffs, and ongoing international trade negotiations. Fed Chair AppointmentTrump confirmed that Scott Bessent has declined consideration for the role of Federal Reserve Chair, sparking …

U.S. stock futures inched higher on Tuesday, bolstered by growing optimism over potential Federal Reserve interest rate cuts, while investors shifted their focus to a fresh batch of corporate earnings reports. At 6:51 a.m. ET, S&P 500 E-minis were up 16.75 points, or 0.26%, Nasdaq 100 E-minis gained 90 points, …

Oil prices remained little changed on Tuesday as traders weighed the impact of rising supply from OPEC+ and concerns about weaker global demand, against U.S. President Donald Trump’s threats to impose tariffs on India over its Russian oil imports. OPEC+ Boosts Production Amid Supply Concerns The Organization of the Petroleum …

The U.S. dollar stabilized on Tuesday after suffering losses following the disappointing July jobs report, as traders focused on the potential for further Federal Reserve rate cuts amid growing concerns over a slowing U.S. economy. Dollar Index Rises After Payrolls Data Impact At 04:15 ET (08:15 GMT), the Dollar Index, …