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Fundamental Analysis

Gold Prices Climb Higher Amid Trade War Jitters, Weaker Dollar

Gold prices extended gains on Wednesday after rallying nearly 1% in the previous session amid trade war uncertainty. At the same time, the dollar weakened, making gold cheaper for foreign buyers. Meanwhile, market participants look forward to US employment figures for clues on future Fed rate cuts.  Spot gold (Source: Bloomberg) On Tuesday, investors scrambled Read More…

Technical Analysis

Euro Futures (6E) Surges as ECB Hawkish

introduction Euro FX Futures (6E) have surged lately as the Dollar strength diminishes. The recent move is supported by both technical strength and fundamental catalysts, with the euro gaining momentum against the dollar. As of today, Euro futures are trading at 1.07090, up +0.95%, showing a strong bullish breakout above the 1.06305 resistance level. The Read More…

Uncategorized

Equities Plunge Amid Rising Trade War Concerns

Equities collapsed as market participants worried about trade wars ignited by Trump’s tariffs. On Tuesday, the US implemented a 25% tariff on imports from Canada and Mexico. Moreover, there was an additional 10% tariff on Chinese goods. This overshadowed an increase in Fed rate cut expectations due to recent downbeat economic data.  Trump dashed hopes Read More…

Crude Oil Futures
Technical Analysis

Crude Oil Futures (CL) Test Yearly Support—Breakdown or Bounce?

Introduction Crude Oil Futures (CL) are approaching a major support zone after a failed breakout attempt at the downward trendline and 100-week SMA in the previous analysis. The market remains under selling pressure. As of today, CL is trading at 67.67, down -3.00%, and nearing the key support zone between 66.00 and 68.00. A break Read More…

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