Gold prices rose Thursday, May 6, as a decline in US Treasury bond yields offset pressure from the dollar’s ​​rally, while investors awaited US non-farm payrolls data for April, which is scheduled for release later this week. Spot gold rose 0.2% to $1789.22 an ounce. US gold futures advanced 0.2% …

Japanese stocks rose Thursday, May 6, to record their largest percentage gain in two weeks, as investors flocked to stocks linked to the economic cycle after Wall Street’s gains, but technology stocks that tracked the fall of the Nasdaq index limited the gains. The Nikkei index advanced 1.8% to close …

Bitcoin’s movements witnessed a bullish bias during the previous trading session, and as we explained during the previous analysis that the return of stability in trading again above 56,550 leads Bitcoin prices to visit 58,070, to settle for its highest level, 57,812. Technically, the simple moving averages carry the price …

Positive trading regained control of the movements of the German DAX index after finding solid support floor around 14,960. Technically, we tend to be positive in our trades on short intervals, relying on the intraday trading above 15,110 accompanied by the positive crossover of the stochastic indicator. Therefore, we target …

The Dow Jones Industrial Average traded positively during the previous trading session, benefiting from the return of the price base above the support level of 34,050, and in general above 33,950. On the technical side today, and with a closer look at the 60-minute chart , the bullish scenario is …

The pound’s current moves against the Japanese yen are seeing a slight bearish bias after finding a strong resistance level around 152.00. On the technical side , the clear negative signs on Stochastic increase the possibility that we will witness a bearish bias in the coming hours. On short time …

Tight sideways trading is still dominating the Canadian dollar, with little change, continuing in its attempts to stabilize above the support level of 1.2260. Technically, and with a closer look at the 60-minute chart, we find the SMA 50 came back to pressure the price again and it still constitutes …

Oil, Crude, trading

Oil, Crude, trading

The sideways trading is still dominating gold’s movements within a sideways range confined from the bottom above the support level 1770 and from below below the resistance level of 1784. On the technical side, we witnessed a successful retest of the support level of 1770, which forced the price to …