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Japan’s Nikkei share average rose to a three-month high on Tuesday, and the broader Topix index reached its highest level since late 2021, as investor sentiment improved thanks to a decline in long-term US Treasury yields. But analysts said that uncertainty limited the gains ahead of Federal Reserve Chairman Jerome …

Oil prices rose on Tuesday after industry executives cited concerns about a lack of spare capacity in the market and uncertainty about Russian supplies as demand recovers from China, the largest importer of crude. Brent crude futures were up 40 cents, or 0.5%, at $86.58 a barrel by 0154 GMT, …

Oil, Crude, trading

The Canadian dollar showed some bearish bias due to the rise in US crude oil prices, finding a strong resistance around 1.3630, which constitutes an obstacle to the continuation of the increase. From the point of view of technical analysis today, the stochastic indicator started to lose its bullish momentum …

Oil, Crude, trading

US crude oil futures prices jumped to achieve significant gains with the early trading of the current session, recording a high of $80.90 per barrel. Technically, by looking at the 240-minute chart, we find that the 14-day momentum indicator continues to defend the bullish trend, stimulated by the price’s stability …

We remained neutral during the report issued last Friday due to the conflicting technical signals, explaining that obtaining a bullish trend requires breaching the 1844 resistance level, which is a catalyst that enhances the possibility of additional rises targeting 1854, so that gold succeeds in recording its highest level at …

The Eurodollar pair started its first weekly trading with a bullish bias, after breaching the resistance level of 1.0660 to start attacking the psychological barrier of 1.0700. Technically, the simple moving averages provide a positive incentive that enhances the chances of a further rise and is stimulated by the positive …

It is typically a calm start to a busy week. Late on Monday, Wall Street pared gains to register a mixed close. As market investors wait for new direction from Fed Chair Jerome Powell, who will testify before the US Congress on Tuesday and Wednesday.The dollar likewise had a volatile …

This week’s major events are anticipated to have an impact on the USD/CAD pair. For the day, the pair has moved between a low of 1.3581 and a high of 1.3628, increasing by 0.14%. At the time of writing, the price of the pair is 1.3609.It is going to be …