Gold prices rose Thursday, March 4th, recovering from the lowest level in nearly nine months recorded in the last session, but the US Treasury bond yields that are rising continued to put pressure on the yellow metal, which does not yield a return. Spot gold rose 0.5% to $1719.21, after …
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The dollar reached its highest level against the yen in 7 months today, Thursday, as it received support from a more regular rise in US Treasury yields ahead of a speech by Jerome Powell, the head of the US Federal Reserve, that may determine the direction the global currency and …
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Strong declines dominated the movements of the Dow Jones Industrial Average yesterday within the bearish path mentioned in the previous analysis, touching the official target station at the price of 31150, recording the lowest price of 30985. On the technical side today, with the index falling to maintain trading above …
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The German DAX index succeeded in achieving the second target to be touched during the previous analysis, located at a price of 14,170, to succeed in reaching its highest level at 14,193. On the technical side today, we tend to be positive in our trading, relying on the stability of …
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The current moves of the pound sterling against the Japanese yen are witnessing a bearish bias as a result of the pair’s intraday trading stability below the 149.60 resistance level. On the technical side, we find the stochastic indicator gradually losing the bullish momentum, which supports the possibility that we …
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The Canadian dollar’s efforts continue to maintain the bullish trend within a gradual rise to the downside, approaching our first target required to be achieved during the previous analysis, 1.2680, recording the highest of 1.2675. Technically speaking, we find that the pair maintains stability above the 50-day moving average that …
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Oil, Crude, trading
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Oil, Crude, trading
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Strong negative trades dominated gold prices during the previous trading session within the expected bearish context, gradually approaching the target of 1697, recording the lowest price of 1700. On the technical side today, the intraday trading remains below 1620 and the most important 1626 supports the negativity. By looking at …
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We committed to intraday neutrality during the previous analysis due to the conflicting technical signals, The re-activation of the short positions needs to witness the return of the price below the 1.2065 level. On the technical side, today the euro resumed its decline after finding a strong resistance level around …
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