Oil prices fell slightly on Tuesday after falling by more than a dollar on Monday amid hopes that the United States will ease sanctions on oil producer Venezuela and as Washington intensifies its efforts to prevent an escalation of the war between Israel and Hamas. By 0333 GMT, Brent crude …
Read More »Nasdaq is waiting to break through resistance 17/10/2023
Oil, Crude, trading
Read More »Dow Jones needs a positive stimulus 17/10/2023
Oil, Crude, trading
Read More »CAD settled below resistance 17/10/2023
Negative trading dominated the movements of the Canadian dollar yesterday within the bearish context expected during the previous report, approaching by a few points from the desired target of 1.3590, recording its lowest level of 1.3605. Technically, we find the pair hovering around the 1.3660/1.3650 resistance level, unable to penetrate …
Read More »JPY maintains the same technical conditions 17/10/2023
japanese-yen
Read More »GBP retests resistance 17/10/2023
Oil, Crude, trading
Read More »Oil is trying positively 17/10/2023
Mixed trading without a clear direction dominated US crude oil futures prices at the opening of this week’s trading, finding a solid resistance level around 88.30, which forced it to retest 86.20. Technically, by looking at the 240-minute time frame chart, the 50-day simple moving average supports the possibility of …
Read More »Gold to be monitored 17/10/2023
Mixed movements without a clear direction dominated gold prices during last Monday’s trading session, bringing gold back to immediate stability below the 1913 level, considered one of the most important keys to the trend during the day. Technically, and with careful consideration, we find gold prices hovering around the pivotal …
Read More »Euro stable below resistance 17/10/2023
Quiet trading that tended to negativity dominated the movements of the EUR/USD pair at the beginning of this week’s trading after it found a strong resistance level around the psychological barrier of 1.0600. The technical outlook remains unchanged, and there has been no significant change in the pair’s movements. With …
Read More »Explainer: What Inevitable Problem Could Fed’s Policy Create?
When the Fed raises interest rates and the yield curve inverts, someone will inevitably push the “big red button.” But this is also where the media is wrong about the 1995 “soft landing” scenario. The economy didn’t “soften” in 1995; crisis events did. But more importantly, when the yield curve …
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