Oil, Crude, trading
Read More »Dow Jones is looking for a positive stimulus 11/10/2023
Oil, Crude, trading
Read More »CAD: negative pressure remains 11/10/2023
Negative trading continued to dominate the movements of the Canadian dollar during the previous trading session within the bearish context expected in the last analysis, recording its lowest level at 1.3570. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on the …
Read More »JPY settled below resistance 11/10/2023
japanese-yen
Read More »GBP is the best performer against USD 11/10/2023
Oil, Crude, trading
Read More »Oil is facing negative pressure 11/10/2023
Mixed trades tended to be negative. US crude oil futures prices dominated, within the expected negative outlook during the previous technical report, approaching the official station of 85.00, recording its lowest level at $85.17 per barrel. Technically, the 50-day simple moving average meets near the resistance level of 86.80 and …
Read More »Gold trying to maintain positive stability 11/10/2023
Narrow-range side trading witnessed for gold prices during the previous trading session being stable from the bottom above 1853 and from the top below the 1865 resistance level. The technical vision today indicates the possibility of an increase, relying on the stability of intraday trading above 1847, and in general …
Read More »Euro trying to get positive signals 11/10/2023
The technical outlook remains unchanged, and there has been no significant change in the movements of the EUR/USD pair as part of the continued attempts to gradually rise upward within the expected bullish context, recording its highest level at 1.0620. Technically, and with a closer look at the 4-hour time …
Read More »Market Drivers – US Session, October 10
The US dollar suffered on Tuesday as Wall Street concluded with gains. The price of crude oil slightly declined while trading in narrow bands. Prices for commodities fluctuated, holding onto recent gains. The Middle East scenario is still a source of uncertainty.For the first time since August, the EUR/USD price …
Read More »Gold comfortably higher ahead of inflation data
Tuesday’s closing for gold is comfortably higher than Friday’s close, and even more gains may be in store for the precious metal so long as geopolitical risks are high and the dollar continues to see additional selling pressure. Risk-on mood has had an impact on gold prices, but the gap …
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