Oil, Crude, trading
Read More »Oil is Witnessing Negative Pressure
Oil, Crude, trading
Read More »Gold is Facing Selling Pressure
Negative trading dominated gold prices last week in the previous trading session after it failed to maintain stability above the 1799 resistance level, forcing it to trade negatively again. Technically, we tend to the negativity, according to the stability of trading below 1799, the main resistance represented by the 50.0% …
Read More »The Euro Breaks The Support
We adhered to intraday neutrality at the end of last week’s trading due to the conflicting technical signals, explaining that we are waiting for the price behavior of the euro around the 1.1690 resistance level. Activating the selling positions depends on the decline below the 1.1640 support level, and breaking …
Read More »Weekly Recap 25-29 Oct
Wall Street The US stock market hit another round of record highs on Friday, as Wall Street appears to have overcome disappointing results from major companies to conclude its best month of the year. The S&P 500 rose 0.19% to close at 4,605.38, the Dow Jones Industrial Average rose 0.25% …
Read More »Market Drivers – U. S. Session 29-10-2021
Fresh attacks and partisan row are ahead for U. S. economy as Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession. The U. S. Dollar Index …
Read More »Squid game crypto skyrockets in first trading days
Gamers created an online version of a program, for which players need Squid cryptocurrency to play. On Tuesday, it was worth 1 cent, but by Friday it exploded in value, hitting $4.39.But Squid has been slammed for not allowing investors to resell their tokens. Squid is what is known as …
Read More »Strong support at 93.50 pushes USD’s demand
The U. S. Dollar Index rallies 0.86% during the New York session, is at 94.10, short of the 94.30 fresh weekly high. U. S. T-bond yields are falling, with the 10-year benchmark note down two basis points, at 1.545%.The market sentiment is mixed, depicted by European stock indices, splitting between …
Read More »Macron warns of energy crisis global economic impact
French president Emmanuel Macron has warned that an energy crisis threatens the world’s post-pandemic economic recovery. Macron also called for leaders at a G20 summit in Rome this weekend to work together to stabilize supplies.In an interview, the French president also urged bigger financial commitments towards the fight against global …
Read More »Fresh attacks and partisan row ahead for U. S. economy Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession and then piling on trillions of dollars …
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