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Oil, Crude, trading

Positive trades dominated the Canadian dollar’s movements yesterday. The currency was a few points away from the target it needed to achieve during the previous session, at 1.3745, and recorded its highest level at 1.3736. Technically, we are leaning towards negativity in our trading, relying on the beginning of pressure …

japanese-yen

Oil, Crude, trading

Negative trading dominated the prices of US crude oil futures contracts, with a downward correction during the previous trading session. The official target stations were at $ 86.5 and $ 86.00; the lowest level posted was $85.40 per barrel. Technically, the simple moving averages have begun to exert negative pressure …

The support level published in the previous report, at $ 1969, could limit the downward trend in gold prices during the first trading sessions of this week. This forced gold to maintain positive stability, and current movements indicate it stabilizes around $1977 per ounce. From a technical standpoint, looking at …

After several successive sessions of movement within a sideways price range, the euro succeeded in confirming the breach of the resistance of the psychological barrier 1.0600, heading to touch the official target required to be achieved during the previous technical report at the price of 1.0670, recording its highest level …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, commented on the interest rate expectations of the European Central Bank, which holds its monetary policy meeting next Thursday. Hashad also touched with analysis a number …

Crude oil prices declined on Monday. The WTI barrel dropped to its lowest level in a week, reaching $85.66.Gold pulled back despite the sharp slide in US yields; XAU/USD found support above $1,970. Meanwhile, Silver experienced losses and dropped below $23.00.Remarkable DevelopmentsThe Treasury market was the center of attention on …

China’s Finance Ministry said, on Tuesday, that the two sides had in-depth, candid and constructive discussions on the macroeconomic situation and policies of the two countries and the world,” following the conclusion of the first meeting between the China-US economic working group.Additional QuotesChina expressed its concern, both sides will maintain …