As highlighted in the previous technical report, the EUR/USD pair successfully reached the bearish target at 1.1575, recording a session low of 1.1557. Technical Outlook – 4-Hour Timeframe: Intraday movements indicate limited rebound attempts, following a temporary halt in selling pressure at the 1.1575 support level. The pair is currently …
Read More »Dow Jones Suffers Heavy Losses 16/7/2025
Oil, Crude, trading
Read More »CAD Edges Higher in a Calm Upward Move 16/7/2025
The USD/CAD pair continued its steady upward movement, in line with the expected bullish trend, approaching the previously identified technical target at 1.3740 after reaching a session high of 1.3730. Technical Outlook – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) continues to provide dynamic support, reinforcing the pair’s bullish …
Read More »GBP Weakens Slowly as Dollar Strength Prevails 16/7/2025
Oil, Crude, trading
Read More »Oil Attempts to Recover Losses Amid Ongoing Bearish Pressure 16/7/2025
U.S. crude oil futures extended their bearish momentum in the previous trading session, falling to a low of $66.25 per barrel. Technical Outlook – 4-Hour Timeframe: Intraday movements are showing signs of mild recovery attempts from oversold conditions. The Relative Strength Index (RSI) is attempting to generate early positive signals, …
Read More »Strong Greenback Derails Euro’s Recovery Efforts 16/7/2025
The EUR/USD pair extended its decline in the previous trading session, in line with the bearish outlook outlined in the prior technical report. The pair reached the expected target at 1.1610, recording a session low of 1.1593. Technical Outlook – 4-Hour Timeframe: Intraday price action reflects attempts at recovery driven …
Read More »Wells Fargo Beats Q2 Profit Estimates but Cuts 2025 NII Forecast
Wells Fargo reported strong second-quarter earnings, surpassing analysts’ profit estimates, but cut its 2025 net interest income (NII) guidance, leading to a 3% drop in shares in pre-market trading. Key Highlights: Net Income: Wells Fargo posted $5.49 billion ($1.60 per share), up from $4.91 billion ($1.33 per share) a year …
Read More »Dow Jones Rises Steadily as Markets Await Inflation Data 15/7/2025
Oil, Crude, trading
Read More »CAD Maintains Bullish Technical Momentum 15/7/2025
The pair continues to benefit from the support of the 50-period Simple Moving Average (SMA), which reinforces short-term bullish momentum. This is further supported by a notable improvement in momentum indicators, with the Relative Strength Index (RSI) generating constructive signals that favor the continuation of the uptrend in the near …
Read More »Greenback Pressure Drives the Pound Lower 15/7/2025
Oil, Crude, trading
Read More »