Consumer prices in Spain rose 2.2% in April 2021 compared to last year, this is the largest increase since October 2018 and in line with preliminary estimates. On a monthly basis, consumer prices rose by 1.2%, the largest increase since April 2012, and matched previous estimates. The Harmonized Index of …

Gold prices increased Friday, May 14, on the back of the dollar’s decline, but the gains were limited after data showed a rise in inflation in the United States, which fueled fears of a faster rate hike than expected. The spot price of gold rose 0.2% to $1829.61 an ounce. …

Japanese stocks recorded their biggest weekly losses in 9 months, as investors were reluctant to make big bets in light of the return of the Coronavirus cases numbers to the increase and inflation concerns in the United States, despite the slight increase during the day on positive business results for …

The current movement of Bitcoin is witnessing a slight bullish tendency after it found a good support floor around 48,820, which is stable around its highest level during the current trading session at 50,080. On the technical side, today we tend to be positive but with caution, relying on stochastic …

The Dow Jones index started its daily trading with a bullish tendency, after several successive sessions of retreating to record its lowest level during the previous trading session 33,201. On the technical side, the index movements are witnessing a bullish tendency, benefiting from building a base on the support level …

The Canadian dollar was able to achieve the official target of the bullish corrective tendency mentioned in the previous analysis, located at 1.2170, to hit its highest level during the last session’s trading at 1.2203. Technically, we tend to be positive, relying on the price to base itself above the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices were able to touch the expected official target we mentioned in the previous analysis, located at 1807, recording its lowest level at 1808. Technically, and with a closer look at the 4-hour chart, we find the stochastic indicator began to gradually lose the bullish momentum, in addition to …

Negative trading dominated the movements of the euro against the US dollar during the previous trading session, recording its lowest level at 1.2051. Technically speaking, we see that the euro has returned to stability again above the strong support located at 1.2065 represented by the 38.20% Fibonacci correction as shown …