Oil prices fell on Thursday, after hitting multi-month highs in the previous session, as rising crude inventories in the United States and weak economic data from China added to concerns about global fuel demand. Brent crude fell nine cents, or 0.1 percent, to $87.46 a barrel by 0408 GMT, after …
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Oil, Crude, trading
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Oil, Crude, trading
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After several successive sessions of achieving gains, the Canadian dollar found a strong resistance level near 1.3450, which formed a strong resistance that put the pair under temporary negative pressure. Technically, the 50-day simple moving average still holds the price from below, and it meets near 1.3350, representing a good …
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japanese-yen
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Oil, Crude, trading
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US crude oil futures prices jumped to achieve substantial gains during the previous trading session, within the expected bullish context in the last technical report, touching the official target of 84.50, recording its highest level of $84.62 per barrel. Technically, by looking closely at the 4-hour chart, we find that …
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Gold prices achieved the negative outlook as we expected, reaching the main target during the previous trading session at $1913 per ounce. Technically, and by looking at the 4-hour chart, we find the stochastic indicator around the intraday overbought areas, and we notice the continuation of the negative pressure coming …
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Narrow sideways trading dominates the movements of the Euro-dollar pair for the third consecutive session, confined from the bottom above 1.0955 and the top below 1.1000. Technically, we find the level of 1.0955 forming a support level represented by Fibonacci correction 50.0%, which was able to limit the bearish slope. …
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The Italian Ministry of Finance announced that it will cap the tax on net interest income on the most vulnerable assets at 0.1%. The markets received this official announcement with a positive response after investors in the banking sector stocks in the country saw that it comes within the framework …
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