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The Gold-Dollar pair dropped sharply by 2.8% in the last session. The Commodity Channel Index (CCI) currently signals that the market is oversold.
The Euro-Dollar pair fell by 0.5% against the dollar in the last session. The Williams Percent Range indicator suggests that the market remains oversold.
The Pound-Dollar pair dropped by 0.4% in the last session. The Williams Percent Range continues to indicate an oversold market.
Bitcoin surged 4.6% against the dollar in the last session. The Ultimate Oscillator shows the market is currently overbought.
Wall Street’s indexes hover near record highs, awaiting economic data that may impact the Federal Reserve's rate decisions. Stock gains follow Donald Trump's re-election, with traders expecting favourable impacts from his policies. Notably, Bitcoin reached an all-time high of $85,000, with analysts speculating on a six-figure price by 2025. Tesla's shares also rose sharply, with investors betting on potential synergies between Elon Musk and President Trump.
Traders should watch these key economic releases for potential market shifts:
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