Despite a small candle with an upper shadow appearing on Tuesday’s market chart, Nagaraj Shetti of HDFC Securities observed a lack of strong selling activity to confirm this bearish indication. Essentially, the market showed a potential signal for downward movement, but traders didn’t act on it aggressively, suggesting some uncertainty in the market.
US dollar makes weekly gains on renewed trade deal optimism
The dollar is poised for a weekly gain against major currencies amid optimism surrounding potential U.S.-China trade talks, fueled by a recent U.S.-UK trade agreement.