From a technical standpoint, the index continues to trade comfortably above its 21-day Simple Moving Average (SMA), which remains a key dynamic support level and reinforces the prevailing bullish trend, suggesting that buyers continue to maintain control of the broader market direction. Momentum remains …
After four straight sessions of gains, Canadian stocks declined on Wednesday as investors weighed the reopening of the Strait of Hormuz against expectations that oil production in the Gulf may take longer to recover. Market sentiment was also pressured by profit-taking, following the nearly …
Canadian equities rose modestly on Tuesday, marking a fourth straight day of gains, as investor sentiment remained supported by optimism surrounding the preliminary U.S.-Iran agreement announced on Sunday. The deal, aimed at ending the conflict, is expected to be formally signed on Friday.
From a technical perspective, the index continues to trade comfortably above its 21-day Simple Moving Average (SMA), reinforcing the prevailing bullish trend and signalling that buyers remain firmly in control of the broader market direction. Momentum remains constructive, with price action continuing to hold …
From a technical standpoint, the index remains firmly above its 21-day Simple Moving Average (SMA), reinforcing the prevailing bullish trend and indicating that buyers continue to maintain control of the broader market direction. The index is now approaching a key resistance zone near 35,450, …
Canadian equities posted strong gains on Monday, extending their upward momentum from the previous two trading sessions, following Sunday’s announcement by U.S. President Donald Trump that the United States and Iran had reached a framework agreement—a claim later confirmed by Iran.
From a technical perspective, the index continues to trade above its 21-day Simple Moving Average (SMA), reinforcing the broader bullish market structure. The index is now approaching a key resistance zone near 35,000, which represents an important test of upside momentum and investor confidence. …
Canadian stocks advanced on Friday, building on the previous session’s gains as investor sentiment improved following U.S. President Donald Trump’s comments expressing confidence that a U.S.-Iran peace agreement could be reached over the weekend and that the Strait of Hormuz could reopen. Strength in …
From a technical perspective, the index is approaching a key resistance zone near 34,800, which continues to cap upside momentum and represents an important test for the broader trend. On the downside, immediate support is located around the 34,500 level. A sustained break below …
Rebounding from the previous session’s decline, Canadian stocks rallied on Thursday as easing concerns over Middle East tensions lifted investor sentiment. Optimism improved after U.S. President Donald Trump indicated that a U.S.-Iran peace agreement could be reached soon and backed away from earlier plans …