Oil prices settled down more than 2% after U.S. President Donald Trump took the first big step toward diplomacy over the war in Ukraine he has promised to end, a war that has supported oil prices on concerns about global supplies.
The Oil-Dollar pair plummeted 2.3% in the last session. The RSI is giving a negative signal.
Support: 68.962 | Resistance: 74.212
The S&P 500 dipped as a hotter-than-expected U.S. inflation reading added to worries that the Federal Reserve would not cut interest rates anytime soon, while CVS Health and Gilead Sciences rallied after upbeat quarterly reports
Circle’s USD Coin reached a $56.3 billion market capitalization, erasing the losses it sustained during the most recent bear market. The $56.3 billion market cap represents a 23.4% increase from the $45.6 billion measured on January 8th. The lowest market cap USDC reached during the bear market was $24.1 billion in November 2023.
Oil prices rebounded despite lingering fears over a potential global trade war after U.S. President Donald Trump’s latest tariff plans, this time targeting steel and aluminium.
The Oil-Dollar pair exploded 1.5% in the last session. According to the Stochastic-RSI, we are in an overbought market.
Support: 69.899 | Resistance: 73.86
Gold prices continued their record rally on Monday and broke through the key $2,900 level for the first time, driven by safe-haven demand as U.S. President Donald Trump’s new tariff threats amplified trade war and inflation concerns.
The Gold-Dollar pair exploded 1.2% in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 2831.6 | Resistance: 2968.4
The U.S. dollar fell to its lowest in more than a week as investor nerves about a global trade war abated, while the Japanese yen rallied on the back of strong wage data. Euro rose slightly after dropping to start the week.
