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Gold prices rose on Tuesday, as a weaker dollar made bullion more attractive to overseas buyers, although risks from an impending Federal Reserve interest rate hike pared gains. And the gold price in spot transactions rose 0.2 percent to $ 1653.31 an ounce by 0709 GMT. But US gold futures …

Oil, Crude, trading

As we expected, the Canadian dollar declined noticeably against the US dollar, surpassing the official target station during the previous technical report at 1.3715, recording its lowest level at 1.3657. Technically and carefully considering the 4-hour chart, we find the pair failed to maintain the broken support floor 1.3710, and …

Oil, Crude, trading

Negative trading dominated the performance of US crude oil yesterday, within the expected bearish path, approaching by a few points from the published target of 84.40, recording its lowest level at 84.60. Technically, we notice that the simple moving averages continue to support the bearish scenario and the bearish technical …

The pivotal resistance level posted during the previous analysis, at 1666, could limit the limited upward attempts that dominated the gold’s movements and forced the price to maintain negative stability. From the technical analysis point of view today, the 50-day simple moving average is still an obstacle in front of …

We adhered to intraday neutrality during the previous analysis due to a conflict in the technical signals, explaining that activating the buying positions depends on surpassing the upside level of 0.9780 in order to motivate the price to visit our first ascending target at 0.9845, recording its highest level at …

The US dollar was softer at the beginning of the trading week as UK news impacted global government bonds and the demand on the American currency. The AUD/USD pair trades around 0.6280 after failing to retain gains above 0.6300, while USD/CAD is down to 1.3720, despite discouraging Canadian data. The …

Gold resisted higher real rates, strong dollar and fund outflows, but the precious metal is still vulnerable to further decline.Gold is experiencing some buying interest around $1,650.00 despite bets for bigger rate hikes by the Fed. On Monday, the precious metal eased the majority of the gains despite mayhem in …

The Japanese yen has hit a new 32-year low. One major question among investors and traders now is: Will the BoJ intervene again this week?The yen has declined nearly 30% against the dollar this year already as the divergence between the US Federal Reserve’s hawkish stance and the Bank of …