Gold prices saw gains in Asian trade on Tuesday, building on a recovery from two-month lows. The yellow metal benefitted from a pullback in the U.S. dollar and escalating geopolitical tensions between Russia and Ukraine, which fueled demand for safe-haven assets. Spot and Futures Prices Climb Spot gold was up …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures have shown a strong upward momentum, crossing a key resistance level at 68.65, signaling a shift toward a potential bullish trend. Technical Analysis Overview:On the 240-minute chart, the technical setup is promising, with the 14-day momentum indicator attempting to generate positive signals. Furthermore, the 50-day simple …

Gold prices showed strong upward momentum in the previous session, successfully building on the support level of 2567 and reversing the anticipated downward trend from the prior analysis. As highlighted earlier, surpassing 2604 was a significant catalyst, paving the way for a potential shift toward an upward trajectory, with prices …

The Euro made some gains against the US Dollar during the previous trading session, attempting to retest the psychological barrier resistance level at 1.0600. From a technical standpoint, the pair is currently hovering around this resistance, which aligns with the 23.60% Fibonacci correction on the 4-hour chart. The Stochastic indicator …

Oil prices edged lower in early Asian trading on Tuesday, stabilizing after significant gains in the prior session. The decline followed concerns about global demand and a potential supply glut, despite the market’s reaction to recent supply disruptions and geopolitical tensions. Modest Decline in Oil Futures Brent crude futures for …

The U.S. dollar retreated modestly on Monday from a one-year high, entering a week with few significant economic data releases but multiple Federal Reserve speeches. At 04:50 ET (09:50 GMT), the Dollar Index, which measures the greenback against six major currencies, dipped 0.1% to 106.497, slightly off the peak of …

Gold prices experienced a strong rebound on Monday, rising around 1% following last week’s losses, as the U.S. dollar rally showed signs of slowing. The precious metal gained ground amid anticipation of comments from Federal Reserve officials, which are expected to provide clues on future interest rate decisions. As of …