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Oil prices rose on Tuesday as concerns about demand in China eased after Shanghai eased some restrictions related to the spread of the Covid-19 disease, while OPEC warned that it would be impossible to increase production enough to offset the loss of supplies from Russia. Brent crude futures rose $2.98, …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar maintained the bullish bias that started at the end of last week’s trading to cancel the idea of ​​retesting the support published during the previous analysis and continues the positive stability above 1.2600. Technically, we tend to the positivity, relying on the positive signs of the 14-day …

Oil, Crude, trading

Positive moves dominated gold prices during the first trading sessions after it succeeded in liberating from the sideways path so that gold could breach the 1940 strong supply zone, touching the first official target required during the previous analysis. Technically, we tend to the positivity, relying on the stability of …

The single European currency retested the resistance within the expected limited positive scenario, touching the target at 1.0930, recording its highest level during the last session at 1.0932. Technically, by looking at the 4-hour chart, we find that the pair returned to stability below the descending channel’s resistance, accompanied by …

The market sentiment was sour at the beginning of the week, with the US dollar initially falling but later recovering against its major rivals. Demand for safety pushed USD/CHF lower, to the 0.9300 region, and gold higher, as the precious metal trades around $1,950 per ounce.Economic DataBritish stocks ended lower …

The price of stumbled on Monday as investors assessed the risks from rising rates and the potential for more tightening by the Federal Reserve.Bitcoin last fell 7% to $40,009.78, according to Coin Metrics. Earlier in the day it fell to $39,785.68, falling below the key $40,000 support level for the …

The Ukrainian president Volodymyr Zelenskyy has crossed the wires recently and said that the Russian forces could use chemical weapons and that they take that threat seriously. He does not say chemical weapons have already been used. Meanwhile, there are reports that people are suffering from respiratory failure and neurological …