Oil prices rose today by more than 1%, to continue the gains made in the previous session after OPEC and its allies agreed not to increase supplies in April as they await a greater recovery in demand in light of the Coronavirus pandemic. Brent crude futures for May delivery increased …

The Japanese Nikkei index fell 0.23% to 28,864.32 points and recorded a loss for the second week in a row. The TOPIX index closed down 0.61% to 1,896.18 points. The drop comes after a weaker performance last night at the close on Wall Street that resulted in the Nasdaq index …

The support levels published in the previous analysis, located at 13.920, managed to limit the bearish bias witnessed by the DAX Technically speaking, we tend to be positive in our trading, relying on the stability of trading above the support level of 13,920 and in general above 13,920, which is …

Negative movements dominated the Dow Jones Industrial Average, surpassing the official target required to be achieved during the previous technical report at 30,800, to record its lowest price, at 30,512. On the technical side, the RSI indicator tends to be negative, in addition to trading stability below the previously broken …

Positive trading dominated the pound’s movements against the Japanese yen, nullifying the negative outlook, as we expected touching the stop-loss order published in the previous analysis at a price of 149.80, recording its highest level at 150.73. Recouping part of the losses of the sell position. On the technical side …

Trading turned to the positive after the Canadian dollar managed to maintain the intraday trading level above the solid support floor located at 1.2600. In terms of technical analysis, the album we tend to be positive, depending on the stability of trading above the aforementioned support, accompanied by the positive …

Oil, Crude, trading

Oil, Crude, trading

Gold prices incurred heavy losses during the previous trading session, within the expected downward trend, touching the required official target at 1688. On the technical side today, and with a closer look at the 4-hour chart, we find the price now hovering around pivotal support levels of 1690, Fibonacci retracement …

The single European currency fell significantly against the US dollar within the expected negative outlook, touching the second official station mentioned in the previous analysis at 1.1975, to record its lowest level during early trading for the current session at 1.1950. Technically speaking, the pair succeeded in confirming the breach …