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Japanese Prime Minister Fumio Kishida told reporters on Thursday that his country will double its financial aid to Ukraine to $600 million in a coordinated move with the World Bank to support the near-term financial necessities of the Russian-invaded country. “Our country stands by Ukraine,” Kishida said, adding that Japan …

Oil, Crude, trading

The British pound declined noticeably yesterday, within the scenario of retesting the support, as we expected, touching the official target station at 159.20, recording its lowest level at 157.90. Technically, and with careful consideration of the 4-hour chart, the pair found a strong support floor around 158.50, which forced it …

Mixed trades dominated the movements of the Canadian dollar during the last session’s trading to succeed in retesting the resistance level required to be touched during the previous analysis at 1.2895, recording its highest level at 1.2895. Technically, the 50-day simple moving average started to pressure the price from above, …

Oil, Crude, trading

Gold prices maintained negative stability within the expected bearish context during the previous analysis after finding a strong resistance level around 1827, which forced the price to trade negatively again, maintaining the same technical conditions of the last report. On the technical side, the current moves of gold are witnessing …

The support levels published during the previous report at 1.0460, managed to limit the bearish bias, as the euro successfully retested the mentioned level, trying to maintain stability above the resistance level of the psychological barrier of 1.0500. Technically today, and by carefully looking at the 240-minutes, we notice the …

The US dollar Index was unable to attract speculative interest, now hovering around $1,816 a troy ounce. Crude oil prices edged lower, with WTI now changing hands at $106.90 a barrel. The yield on the US 10-year Treasury note stands below 2.90%, as investors rushed into bonds’ safety.The EUR/USD pair …

The USD/JPY pair has witnessed a slight rebound after hitting 128.00 low late during the US trading session. The pair has faced decent selling pressure on Wednesday despite a broader strength in the US dollar. The heightened risk-off impulse in the market is behind the dollar against the majority of …

The USD/CAD pair meets sellers around 1.2900, retreating from the previous day’s recovery moves from a two-week low, as traders take a breather from the latest risk-aversion amid a sluggish start to the Asian session. That said, the Canadian dollar pair takes offers to renew intraday low around 1.2875 by …