Gold prices jumped about 1% to the highest level in more than a week today, Tuesday, supported by the decline in the dollar and US Treasury yields. Gold recorded in immediate transactions 1743.20 dollars per ounce at the end of the trading session, up 0.86%, after it earlier jumped to …

The American Petroleum Institute data showed that crude oil inventories in the United States fell last week, while fuel inventories rose. The data revealed that crude inventories fell 2.6 million barrels in the week ending April 2, while gasoline inventories increased 4.6 million barrels. Distillate stocks, which include diesel and …

The German DAX index managed to touch the second target to be touched during the previous trading session, at 15,310, to hit its highest level at 15,337. On the technical side, the current trading of the index is witnessing a bearish bias, after it found a strong resistance level around …

A bullish bias continues to dominate the moves of the Dow Jones Industrial Average, to succeed in reaching its highest price during the previous trading session at 33,430. On the technical side today, the index’s movements are still stable above 33,255/33,250 accompanied by the stability of the RSI indicator above …

GBP/JPT was able to touch the official target station during the previous analysis at 153.40, to find a strong resistance level around which forced it to trade negatively again. On the technical side, we find a contradiction in the technical signals between the negative pressure coming from the 50-day moving …

The Canadian dollar continues to navigate within the expected bullish correctional trend, touching our first target located at 1.2590. Technically speaking, we tend to be positive, depending on the pair’s success in stabilizing an intraday above 1.2540, in addition to building an overall base above 1.2500, and we notice that …

Oil, Crude, trading

Oil, Crude, trading

Gold prices were about to touch the first target at 1740, few points shy from the second target 1747, to set its highest level during the previous trading sessionn at 1745. Technically speaking, with the intraday trading remaining above 1728, accompanied by the positive stimulus of the 50-day moving average, …

The euro succeeded in achieving the second official target to be achieved and mentioned in the previous analysis, located at 1.1875, to hit its highest level during the previous trading session at 1.1877. On the technical side today, and with a closer look at the short time frames, we find …