Oil, Crude, trading

Gold prices were able to approach a few points difference from the first official target published in the previous analysis, located at the price of 1800, to record its highest level during the previous session’s trading in 1798. On the technical side, gold prices found a strong resistance level around …

The Euro is still trading calmly within a bearish context, as we expected, after it hit the strong resistance published in the previous analysis, located at 1.2065, which forced it to trade negatively, and gradually approached our target. Technically, we will maintain our negative outlook, relying on the negative pressure …

The UK is on the way to dispense with the covid-19 social distancing rule before the end of next month, which requires people to stay at least one meter away, according to Prime Minister Boris Johnson. The British government is proceeding according to a roadmap it has set for itself …

Gold prices fell from their highest level in more than two months today, Tuesday, as the dollar’s recovery limited the metal’s appeal as a safe haven, while investors speculate that the US economic recovery at a faster than expected pace may lead to a hike in interest rates. And gold …

The Turkish auto distributors association said on Tuesday that sales of passenger cars and light commercial vehicles in Turkey jumped 132.4% year on year in April to 61,488 units. The union added that sales increased 72.4% annually from January to April.

The dollar has turned higher in Asian trading, halting a month-long downturn, as investors are working to see if the major US economic recovery may push interest rates higher, as they await upcoming economic data and policy speeches for indicators. The US currency rose 0.2% against the yen, euro and …

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 …

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 …

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 …