Canadian stocks moved to the downside early in the session on Thursday but regained ground over the course of the trading day to close modestly higher.
From a technical perspective, the index continues to trade near a key horizontal resistance zone around 34,550, which is limiting near-term upside momentum and signalling some vulnerability in the broader trend structure. As long as the index remains below this resistance area, the short-term …
Canadian stocks edged lower on Wednesday, extending the losses from yesterday's session, as a peace deal between the U.S. and Iran to end the gulf war remains elusive, compelling investors to hold back from risky moves.
Technically, the index continues to hover near a key horizontal resistance zone around the 34,900 level, which is capping near-term upside momentum and highlighting some vulnerability in the broader trend structure. As long as the index remains below this resistance area, the short-term outlook …
Canadian stocks edged lower on Tuesday following fresh U.S. military attacks on Iran yesterday amid a ceasefire holding in place while an Iranian team is preparing in Qatar for a potential deal with the U.S.
From a technical perspective, theindexcontinues to trade near a crucial horizontal resistance zone around the 35,100 level, which is limiting near-term upside momentum and signalling some fragility in the broader trend structure. As long as the index remains below this resistance area, the short-term …
Canadian stocks rallied again on Monday, extending last week’s three-session winning streak, as growing signs of a potential U.S.-Iran peace agreement boosted investor optimism.
From a technical perspective, the index continues to trade near a crucial horizontal resistance zone around the 34,700 level, which is limiting near-term upside momentum and signalling some fragility in the broader trend structure. As long as the index remains below this resistance area, …
From a technical standpoint, the index continues to trade near a crucial horizontal resistance zone around the 34,600 level, which is capping near-term upside momentum and signalling some fragility in the broader trend structure. As long as the index remains below this resistance area, …
Canadian stocks edged higher on Thursday, building on the previous session’s gains, as investors responded positively to ongoing diplomatic efforts aimed at easing U.S.-Iran tensions. However, continued disruptions to shipping through the Strait of Hormuz limited further upside.