DowJones
Read More »Technical Pressures Constrain USD/CAD Within a Tight Range 6/8/2025
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 …
Read More »Technical Rebound Lifts the Pound Higher 6/8/2025
Oil, Crude, trading
Read More »Oil Faces Selling Pressure 6/8/2025
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 …
Read More »Euro Regains Momentum Against the Dollar — Will the Rally Continue? 6/8/2025
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 …
Read More »Weekly market wrap: Jobs data and Fed at the centre of attention
The trading week ending July 29 was marked by significant market-moving events, most notably the Federal Reserve meeting, labor market and inflation data, U.S. economic growth figures, and developments in the Trump administration’s trade policy. The Federal Reserve opted to keep interest rates unchanged last Wednesday, while signaling a continued …
Read More »Dow Jones Under Pressure as Downward Momentum Targets Key Supports 1/8/2025
DowJones
Read More »Canadian Dollar Seeks Additional Momentum 1/8/2025
The technical outlook remains unchanged, as the USD/CAD pair continues to respect the prevailing uptrend highlighted in our previous report. The pair recorded a session high near the key resistance zone at 1.3870, reflecting ongoing bullish momentum. Technical Outlook: Intraday movements remain bullish, supported by continued price stability above the …
Read More »Pound Hits Initial Target, Downtrend Remains in Control 1/8/2025
Oil, Crude, trading
Read More »Crude Holds Steady — Key Support Shows Strength 1/8/2025
U.S. crude oil futures are attempting to preserve recent gains, in line with the bullish scenario outlined in our previous report. The price is gradually climbing toward the projected target of $70.70, having reached a session high of $70.40 per barrel. Technical Outlook: Current intraday price action is showing mild …
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