Oil prices rose again Thursday, February 18th, to reach their highest levels in 13 months, as markets witnessed new buying due to fears that the sudden cold weather in Texas could disrupt US crude production for days or perhaps weeks. Brent crude rose 89 cents, or 1.4%, to $65.23 a …

European stocks retreated from nearly a year highs on Wednesday as riskier assets shied away due to concerns about a potential inflation spurt and rising bond yields, while Gucci owner Kering led losses after announcing a drop in sales. The pan-European STOXX 600 index closed 0.7% lower, while the London …

The dollar traded at slightly less than its recent highs, Thursday, February 18th, after it made its first consecutive gains over two weeks, as optimistic data reinforced expectations that the US economy is recovering from the Coronavirus pandemic at a pace that it captured than its peers. Bitcoin traded near …

Barclays Bank announced a full-year profit of 1.53 billion pounds, equivalent to $2.11 billion, for 2020, down 38% from 2019 but exceeding analysts’ expectations. The UK bank announced a fourth-quarter net profit attributable to shareholders of £220m, even though the UK is dealing with new nationwide lockdown measures amid the …

Japanese stocks fell slightly Thursday, February 18th as investors turned to caution about the continuation of the recent rally that lifted the market above 30,000 points, but strong gains in Fast retailer operating the Uniqlo apparel chain limited the decline. The benchmark Nikkei index fell 0.19% to 30,236.09 points, losing …

Bitcoin continues to achieve record levels, hitting 52,518 in a series of successive gains, as risk appetite in the markets improves. On the technical side today, we tend to be negative in our trades, but cautiously given the high level of risks, relying on intraday trading below 52,500 accompanied by …

The German DAX index declined significantly. surpassing the official target required to be achieved during the previous analysis at a price of 13,955, recording the lowest 13,874. Technically, we tend to be negative in our trades, but cautiously, depending on trading stability below the previously broken support-into-resistance at 13,990, accompanied …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the last session’s trading. We indicated that the breach of the 31,550 minor resistance level will immediately stop the expected scenario and restore the index to recover again to complete the official bullish path with a target of …

A gradual decline to the downside dominated the movement of the pound sterling against the Japanese yen, after finding a strong resistance level near 147.50 within a bearish tendency, recording the lowest price at 146.40. On the technical side, today there is a conflict between the obvious positive signs on …

The Canadian dollar provided positive trades during the previous trading session within the technique of re-testing the resistance indicated during the previous analysis at 1.2740, recording its highest level at 1.2746. Technically, we find the price is stable above the previously breached resistance level, which has now turned to the …