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Breaking News
  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand
  • EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out
  • USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution
  • Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver
  • Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears

Bitcoin Breaks the $ 1,300 Barrier

Adel Breaking News, Cryptocurrency, Market Update

Bitcoin trading witnessed positive moves during Tuesday to breach levels of $ 1300, its highest level in 2020. Bitcoin rose, the world’s first electronic currency, by 2.58% to $ 13,442, its highest ever in 2020.

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Dollar Holds Onto Its gains on Fears of Covid-19 And Uncertainty

Adel Market Update

The dollar held on to its gains Tuesday, but the rest of the safe-haven currencies witnessed quiet transactions as investors were reluctant to form positions before the US presidential elections scheduled for next week, even as concerns grow about the second wave of Covid-19 and its economic effects. On Monday, …

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Interior Minister: France Must Prepare For “Difficult Decisions”

Adel Market Update

French Interior Minister Gerald Darmanin said on Tuesday, ahead of a cabinet meeting to discuss the outbreak of the Coronavirus, that France should prepare to take “difficult decisions” related to imposing new measures to cope with the rise in Covid-19 cases. Three sources familiar with the matter said that the …

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Money Supply Growth Beats Estimates in Eurozone

Adel Market Update

The rate of money supply in the Eurozone increased in September, more than analysts had expected. And data released by the European Central Bank today showed that the money supply in the Eurozone recorded a growth of 10.4% in September, compared with 9.5% growth in August. Analysts had expected that …

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Gold Rises as a New Wave of Infections Casts a Shadow Over the Economic Recovery

Adel Commodities, Market Update

Gold

Gold prices rose on Tuesday as a new wave of infections with the Coronavirus threatened to slow the global economic recovery from the Covid-19 pandemic, adding to the appeal of the yellow metal as a safe haven. Gold spot 0.2% to 1,906.83 dollars an ounce. In US futures trading, it …

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Oil Steadies But Outlook is Bleak

Adel Commodities, Market Update

Oil prices rose on Tuesday after recent sharp losses, but market sentiment remains weak as high COVID-19 cases hurt the outlook for fuel demand while supplies rise. And Brent crude rose 42 cents, or the equivalent of 1%, to 40.88 dollars a barrel. U.S. crude gained 37 cents, or 1%, …

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DAX: Selling Pressure Still Mounting

Adel Daily Technical Analysis, Technical Analysis

The German DAX was trading on negative side, reaching its lowest price during the previous session at 12077. Technically speaking, looking at the 60-minute chart, we find that the simple moving averages continue to pressure the price, with consolidation below the broken support-into-resistance 12400. The bearish scenario will remain intact, …

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Dow Jones May Experience a Temporary Rise

Adel Daily Technical Analysis, Technical Analysis

The Dow Jones Industrial Average declined significantly yesterday after facing a strong resistance level near 28050. Technically, the current moves in the index are trying to replicate the chances of a rally in short time intervals. We see RSI above the midline, in addition to the intraday trading above 27610 …

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GBP/JPY: on The Positive Side

Adel Daily Technical Analysis, Technical Analysis

The British Pound opened its daily trading against the Japanese Yen with a slight upward slope, benefiting from building on a support around 136.15. Technically, looking at the 60-minute chart, we see the moving averages have returned to hold the price with the clear bullish momentum on the stochastic indicator. …

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Canadian Dollar Fighting Negativity

Adel Daily Technical Analysis, Technical Analysis

Positive trading dominated the Canadian yesterday, targeting a re-test of 1.3220 resistance, posting a high of 1.3225. Technically, and looking at the chart, we see that there are some negative signs on the stochastic, in conjunction with the RSI indicator losing its bullish momentum over the short time periods. From …

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  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

    14 June, 2025 12:22 am
  • EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out

    13 June, 2025 11:49 pm
  • USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution

    13 June, 2025 10:45 pm
  • Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver

    13 June, 2025 9:55 pm
  • Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears

    13 June, 2025 8:56 pm
  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

    14 June, 2025 12:22 am
  • China’s Foreign Ministry: Foreign Countries Should Stop Interfering in Hong Kong’s Domestic Affairs

    1 July, 2020 1:37 pm
  • UK Manufacturing Activity Picked Up in June

    1 July, 2020 1:54 pm
  • Eurozone PMI Manufacturing Finalized at 47.4

    1 July, 2020 2:13 pm
  • IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020

    1 July, 2020 2:39 pm
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Timeline

  • 14 June, 2025 12:22 am

    Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

  • 13 June, 2025 11:49 pm

    EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out

  • 13 June, 2025 10:45 pm

    USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution

  • 13 June, 2025 9:55 pm

    Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver

  • 13 June, 2025 8:56 pm

    Chaos Hedge Gold and Oil Surge as Israeli Strikes on Iran Ignite Broader Conflict Fears

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Latest articles

  • Pound Sterling Dips as Iran-Israel Conflict Lifts Dollar Demand

    14 June, 2025 12:22 am
  • EU Gas Markets Brace for Methane Rules and Russian Import Phase-Out

    13 June, 2025 11:49 pm
  • USD/JPY Hold Steady After Remarkable Surge on Middle East Tensions and BoJ Caution

    13 June, 2025 10:45 pm
  • Adobe Stock Falls Despite Robust Earnings as AI Hopes Waver

    13 June, 2025 9:55 pm

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