DowJones
Read More »CAD Trades Above Key Support: Are Further Gains Likely? 18/7/2025
The Canadian dollar continued its upward trajectory, achieving the expected positive targets outlined in the previous technical report. The pair reached the 1.3770 target and extended to a new high of 1.3774. Technical Outlook – 4-Hour Timeframe: Price action reflects ongoing bullish momentum, supported by the pair’s stability above the …
Read More »GBP Tries to Rebound Despite Continued Bearish Signals 18/7/2025
Oil, Crude, trading
Read More »Euro’s Rebound Attempts Remain Limited Amid Dollar Strength 18/7/2025
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 …
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