Daily-Wrap

From a technical perspective, the index remains below a key resistance zone near 34,600, which continues to limit upside momentum and represents an important hurdle for the broader trend. On the downside, immediate support is located around 34,300. A sustained break below this level …

Canadian stocks edged lower on Tuesday as declines in the energy sector and sharp losses in gold-related materials stocks weighed on the market. Investors also reacted cautiously to U.S. President Donald Trump's comments suggesting the Strait of Hormuz could reopen sooner than expected.

From a technical standpoint, the index remains near a key resistance zone around 34,600, an area that continues to limit near-term upside momentum and represents an important hurdle for the broader bullish trend. On the downside, immediate support is located near 34,300. A sustained …

Canadian equities edged higher on Monday as investors weighed U.S. President Donald Trump’s comments regarding U.S.-Iran peace negotiations alongside reports suggesting Iran is preparing for an extended conflict with Israel.

From a technical perspective, the index closed at 34,413.45 and continues to trade above its 50-day SMA of 33,897.65, keeping the broader trend constructive despite recent weakness. Immediate support is seen near 34,070, followed by 33,725, while resistance is located around 34,758 and 35,102. …

Canadian stocks declined sharply on Friday, giving back the previous session’s gains as stronger-than-expected employment data in both Canada and the U.S. reinforced expectations that interest rates could remain elevated for longer. The market was also pressured by profit-taking activity following the strong rally …

From a technical standpoint, the index is approaching a key horizontal resistance zone near 35,400, which continues to limit near-term upside momentum and represents an important test of the broader bullish trend. Immediate support is located around 35,100, and a sustained break below this …