Eco Data 2/14/25 – Action Forex

Brent oil price traded with strong positivity yesterday, as it breached 76.68$ level and reached the extended positive target at 78.47$, and we believe that the way is open to continue the rise after turning back to the bullish channel that appears on the chart, to head towards visiting 79.90$ level as a next positive…

In our 28 January report, “Bitcoin Price Holds Above $100k. For Now?“, we highlighted the heightened volatility surrounding Trump’s inauguration. We speculated that major market players might have capitalized on this surge to lock in profits from long positions, potentially preparing for a bearish market phase. Since then, Bitcoin’s price has dropped by approximately 20%….

At the end of Wednesday, the Dow Jones (US30) was up 1.14%. The S&P500 Index (US500) was up 1.12%. The Nasdaq Technology Index (US100) jumped 1.36%. The White House confirmed that General Motors, Ford, and Stellantis received a one-month extension on tariffs related to the US-Mexico-Canada agreement, easing concerns about the impact on the economy….