Oil prices extended their gains today, Friday, and are on a path of achieving a weekly profit of about 7%, with an improved outlook for crude demand and a strong economic recovery in China and the United States, which erased concerns about an increase in Covid-19 infections. With the close …

European stocks hit a record high on Friday after strong data in the United States and China sparked optimism about a rapid economic recovery, while carmakers received a boost following better-than-expected earnings for Daimler. The pan-European STOXX 600 index added 0.1%, and is on track for its seventh straight week …

Japanese shares closed slightly higher on Friday as chip heavyweight stocks rose, but concerns about corporate expectations dampened gains. The Nikkei index rose 0.14% to 29,683.37 points, while the broader Topix index rose 0.09% to close at 1960.87. Chip-related shares gained after the Taiwan semiconductor maker reported a 19.4% increase …

Bitcoin prices jumped to the upside to record new highs around 63,760. On the technical side today, and with a closer look at the chart, we find the stochastic indicator is trading around overbought areas, in addition to the intraday stability below 33,760. We tend to the intraday negativity, targeting …

The German DAX index was able to touch the first target required to be achieved during the previous analysis, at a price of 15,280, recording a high of 15,297. The technical outlook remains unchanged on the German DAX, maintaining positive stability. On the technical side, we find the index is …

Positive trading returned to dominate the movements of the Dow Jones Industrial Average at the New York Stock Exchange after it succeeded in surpassing the resistance level of 33,800, indicating that this would immediately stop the bearish tendency and lead the index to the official bullish path with an initial …

The pound against the Japanese yen succeeded in achieving the negative outlook, as we expected, touching the first target published during the previous analysis, at a price of 149.65, recording a low of 149.65. On the technical side today, the price built an intraday above 149.65, accompanied by attempts by …

The negative moves have returned to control the Canadian dollar’s ​​movements, as we expected, explaining that a break of 1.2500 leads the pair to a downside path. Its initial target is around 1.2455, to settle for recording its lowest price during the previous trading session at 1.2476. Technically speaking, the …

Oil, Crude, trading

Oil, Crude, trading