Oil prices rose on Tuesday, June 1 ahead of a meeting of the OPEC+ alliance, buoyed by hopes of growth in fuel demand in the coming months as the summer driving season begins in the United States, the world’s largest oil consumer. Prices also received a boost from Chinese data …

Gold prices rose today, Tuesday, June 1 to their highest levels in nearly five months, supported by the decline of the dollar and growing inflationary pressures, while investors awaited more US data for indications of the extent of the global economic recovery. Spot gold rose 0.1% to 1910.24 dollars an …

The German DAX index opened today’s trading session with a slight bullish bias, trying to build on the strong support floor located at 15400 prices. Technically, today, we tend to the positivity, but with caution, relying on the positive motive of the 50-day moving average, which continues to carry the …

Positive movements continue to dominate the movements of the Dow Jones Industrial Average in the New York Stock Exchange, recording the highest 34,561. On the technical side, today, we tend to be positive in our trading, relying on building the price above 34,40/34,410 support, which is accompanied by the index …

Positive trading dominated the pound’s movements against its Japanese counterpart, benefiting from the 155.40 support level, to witness the current movements’ bullish bias that targeted a retest of 155.80. On the technical side today, with the pair continuing to obtain positive stimulus from the 50-day moving average, in addition to …

The technical outlook remains unchanged, and the Canadian dollar’s movements have not changed significantly, preserving the negative stability. The negativity of the stochastic indicator and the beginning of the negative pressure of the 50-day moving average supports the possibility of a decline. Therefore, we are targeting 1.2030, and we should …

Oil, Crude, trading

The main Japanese stock index, Nikkei, closed slightly lower on Tuesday, June 1, as investors awaited two important US economic reports, but losses were limited by hopes that the local economy would return to normal activity in light of the increase in vaccination activity despite the delay. The Nikkei index …

Oil, Crude, trading

Gold prices managed to maintain their gains within the gradual upward path, touching the first target that is required to be achieved, located at the price of 1912, recording its highest level during the early trading of the current session 1912. On the technical side today, and by looking at …