The Canadian dollar’s ​​attempts -over several sessions in a row- failed to breach the pivotal resistance of 1.2550/1.2560 and settled below the aforementioned level. Technically, and by looking at the 4-hour chart, we find the simple moving averages continue to pressure the price from below, and we find the RSI …

Oil, Crude, trading

Oil, Crude, trading

We committed to the intraday neutrality in the previous analysis due to the conflict of technical signals, mentioning that the selling positions requires stability below 1795, also need to witness a break of 1777, in order to reach 1765, so that gold is subjected to slight selling operations and is …

Positive trades returned to control the euro’s movements against the US dollar, benefiting from the confirmation of the breach of the 1.2060 resistance level, making it clear in the previous analysis that once trading above the aforementioned level, the pair will able to enhance the chances of upside to visit …

The dollar was confined to a tight trading range near a multi-week low against the major counterpart currencies Friday, April 23rd, as traders contemplate the next steps of major central banks ahead of a meeting of the US Federal Reserve next week. And the euro incurred losses after Christine Lagarde, …

The Egyptian presidency said in a statement that Egypt and Russia agreed to resume all flights between the two countries during a call between President Abdel Fattah El-Sisi and Vladimir Putin. “It was agreed to resume full air traffic between the airports of the two countries, including Hurghada and Sharm …

A survey revealed that the eurozone’s recovery from the pandemic-induced economic downturn was much stronger than expected in April as the bloc’s dominant service sector ignored renewed lockdowns and saw a sudden return to growth. As the continent faces a new wave of infections with the Coronavirus, governments have re-imposed …

Russia’s central bank announced on Friday that it hiked its policy rate by 50 basis point to 5%, compared to analysts’ estimate for an increase of 25 basis points.

Oil prices rose on Friday, April 23, boosted by hopes for a recovery in demand as global growth improves and lockdown measures eased, but concerns about a surge in second-wave COVID-19 infections in India dampen the gains. Brent crude futures rose 42 cents, or 0.6%, to $65.82 a barrel after …