Forecast
Current Trends: Oil Prices Stabilize After experiencing declines, oil prices steadied as investors remained cautious about predicted surpluses and weak demand. This stabilization reflects ongoing uncertainties in global energy markets and the complex interplay of supply and demand factors. Investors are balancing the potential for a surplus in oil supply
Forecast
Key Market Movers: Ethereum ETFs and Bitcoin Conference This week could be explosive for Ethereum as spot ETH ETFs launch in the US on Tuesday. The SEC has approved the S-1 registration statements of several Ethereum ETF issuers. NYSE Arca and Cboe will list and begin trading multiple Ethereum ETFs,
Forecast
Technical Overview of Gold Price Gold prices have moved away from a one-week low and climbed back above the $2,400 mark. The 14-day Relative Strength Index (RSI) holds above the 50 level, currently at 53.50, supporting a positive outlook. The 21-day and 50-day Simple Moving Averages (SMA) Bull