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Daily Technical Breakdown: Gold Reaches New Highs Breaking $3,290 Levels

Prices of gold continue to rise with the growing fear of a global recession. Investors are seeking the safe haven to hedge against the risks of economic downturn. The precious metal broke above the $3,290 level and potentially heading for $3,300. Despite the overbought signal from the Relative strength Index, gold shows willingness to continueContinue Reading
Written on April 16, 2025 at 8:39 am
Categories: News Technical Analysis
Daily Fundamental Update: U.S. Indices Fell on Tuesday as Nvidia Stocks Dropped More Than 6%

U.S. stock futures declined ahead of retail sales data Dow Jones Industrial Average futures fell 0.5%, while S&P 500 futures and Nasdaq 100 futures dropped 0.9% and 1.5%. And Nvidia shares fell 6% after announcing a $5.5 billion charge related to China exports. Markets have been volatile since Trump’s April 2 tariff announcement, with majorContinue Reading
Written on April 16, 2025 at 8:14 am
Categories: News Fundamental Analysis
Daily Technical Breakdown: US Dollar Index Falls Below 100 as Pressure Mounts on the Greenback

EURUSD Nears Major 1.1500 level EURUSD nears the crucial level of 1.1500 as pressure on the USD continues with the ongoing tariffs imposed on the US from different countries around the world. The euro reached its highest level against the USD since February 2022 in today’s trading. With RSI reaching the overbought level, it isContinue Reading
Written on April 15, 2025 at 8:01 am
Categories: News Technical Analysis
Daily Fundamental Update: US Indices Close Higher on Monday After Tariff’s Exemption

Tech stocks drive US indices higher Monday’s session closed higher, led by tech stocks after the U.S. announced temporary tariff exemptions for electronics. The Dow, S&P 500, and Nasdaq gained 0.78%, 0.79%, and 0.64% respectively. U.S. stock futures edged lower Tuesday following the S&P 500’s consecutive gains, as markets await Q1 earnings. Dow Jones IndustrialContinue Reading
Written on April 15, 2025 at 6:07 am
Categories: News Fundamental Analysis
Fundamental Analysis: Weekly Update – April 14, 2025

The ball is now in the U.S. court after Beijing fired back raising tariffs on its imports to 125% in response to Donald Trump’s latest move to hike duties on Chinese goods to 145%, escalating an already volatile trade war that’s shaking global supply chains. The White House had earlier intensified pressure on China –Continue Reading
Written on April 14, 2025 at 1:17 pm
Categories: News Fundamental Analysis
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