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Gold prices touched the bullish correction target mentioned during the last analysis at 1670, recording its highest level during last Friday’s trading at 1675. On the technical side, and by looking at the 4-hour chart, we notice that gold continues to obtain positive motive from the simple moving averages, and …

Positive trades dominate the euro’s movements against the US dollar, trying to build on intraday stability above the support level of 0.9780, recording the highest level at 0.9853 at the end of last week’s trading. Technically, and with a careful look at the chart, an interval of 240 minutes, we …

The dollar fell last week, as commodity bulls took some breathing; However, this decline was short-lived, as the dollar jumped again to its highest level in 20 years. The dollar’s rise to a high of 112 from a one-week low came, moving back towards levels not seen since May 2002, …

Oil prices dipped on Friday in mixed trading but notched its first weekly gain in five on Friday, underpinned by the possibility that OPEC+ will agree to cut crude output when it meets on October 5. Brent crude futures for November, which expire on Friday, fell 53 cents, or 0.6%, …

The Fed’s Vice Chair Lael Brainard, on Friday, stressed that any rate cut would be premature. Brainard added her full support of US central bank’s higher for longer plan for interest rates to combat inflation that new data shows is still at more than three times as much as the …

Bitcoin price has developed a stronger deviation and so is hinting at more upside. Despite the optimistic technical considerations, investors actually expect volatile swings coinciding with the end of the third quarter of 2022. Bitcoin price is trading above two crucial levels, suggesting a stable position. Combining this anticipation with …

What gold will do during the next two weeks will be very important for prices ahead of this year’s end. Jobs data and inflation data are closely watched as gold shows promising signs amid escalating geopolitical tensions and intensifying market volatility.Gold saw a key development mid-week as prices rose from …

Oil prices dipped on Friday in mixed trading but notched its first weekly gain in five on Friday, underpinned by the possibility that OPEC+ will agree to cut crude output when it meets on October 5.Brent crude futures for November, which expire on Friday, fell 53 cents, or 0.6%, to …

The GBP/USD pair is expected to finish the week with gains close to 3%, despite the UK’s bond crisis. The US PCE reading increased the likelihood of the Fed going 75 bps as Fed officials reinforced their hawkish stance.The GBP/USD pair is recovering from earlier losses as the US session …

The EUR/USD pair is tripping down ahead of the end of the week, end of the month and end of Q3. The US Fed officials continued with their “restrictive policy” stance, agreeing that further hikes are coming.US Core PCE surpassed analysts’ expectations, paving the way for another 75 bps rate …