Saudi Aramco announced a 30% increase in net profits to 81.4 billion riyals (about $21.7 billion) in the first quarter of 2021, compared to the same quarter of the previous year, and analysts had expected a net profit of 19.48 billion dollars. In a statement on the Saudi Stock Exchange …
Read More »Oil Declining But The Optimism of Demand Growth in America and Europe Keeps Prices Support
Oil prices plunged today, erasing gains made earlier in the session after more US states eased lockdown measures and the European Union sought to attract travelers, which helped offset concerns about fuel demand in India as the pace of Covid-19 infections accelerated. Prior to the opening of European indices, Brent …
Read More »Bitcoin May Witness a Temporary Downturn
Positive trading dominated the movements of Bitcoin during the previous trading session, explaining that the confirmation of the breach of the resistance level 57,180 facilitates the way to visit 58,165, and then 59,100, recording its highest price of 58,860. On the technical side, today we may witness a bearish tendency …
Read More »DAX is Building Above Support
The German DAX index returned to stability above the pivotal support at 15,200, which forced it to rebound to the upside, recording its highest level at 15,280. On the technical side, today we tend to be positive, relying on the stability of trading above 15,200 in addition to the positive …
Read More »Dow Jones Touches The Required Targets
The Dow Jones Industrial Average was able to achieve our bullish targets published in the previous analysis, touching the first target located at 34,040/34,050 and approaching a few points difference from the second target 34,150, to record its highest level at 34,120. On the technical side today, and with a …
Read More »GBP/JPY Attacks the Resistance And Positivity Remains
The British pound rose against its Japanese counterpart during the previous session, canceling the negative outlook as we expected and touching the stop loss order published during the previous analysis at 151.60, to hit its highest level near the psychological barrier of 152.00. On the technical side, today, with the …
Read More »Canadian Dollar: Maintains The Same Technical Conditions
The technical outlook remains unchanged and the pair’s movements have not changed significantly. Technically, we notice the positive attempts of the Canadian dollar to settle above 1.2265, accompanied by the positive crossover signals that began to appear on the stochastic indicator. This makes us think of the possibility of witnessing …
Read More »Pound Returns Gains Against USDollar
Oil, Crude, trading
Read More »Crude Oil Starts Positively
Oil, Crude, trading
Read More »Gold Builds on Support And Reiterates Bullish Chances
Positive trades returned to control gold’s movements again after it succeeded in building on the solid support floor located at 1771 nullifying the negative outlook expected during the previous analysis touching the stop loss order at the price of 1780. It will stop the negative outlook, and gold will return …
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