Oil prices rose Monday, February 1, after a weak start, to consolidate the gains it made over the past three months, despite the faltering operations of the distribution of anti-Coronavirus vaccines, new infections and the discovery of new strains casting shadows on demand expectations. Brent crude futures rose 36 cents, …

Japanese shares closed higher on Monday, February 1, after falling for two sessions, as sentiment was boosted by positive earnings outlooks and gains made by shares of chipmakers that had previously been hit. The benchmark Nikkei index rose 1.55% to 2,8091.05 points, and the broader Topix index gained 1.16% to …

Bitcoin started its weekly trading on a slight bullish slope after finding a good support floor near 33,430, which forced it to retrace the upside. On the technical side, Bitcoin continues to receive a positive stimulus from the 50 day moving average. This increases the possibility that we will witness …

The current movements of the German DAX index are witnessing a slightly bullish bias, benefiting intraday from building on the support level of 13,350. On the technical side, the 50-day moving average is trying to push the price to the upside. Nevertheless, we tend to be negative, depending on the …

Negative trading dominated the movements of the Dow Jones Industrial Average, with the conclusion of last week’s trading, touching our first awaited target, located at 29,950, recording the lowest price of 29,752. Technically, we tend to be negative in our trading, relying on trading stability below the previously broken support, …

The pound sterling achieved a noticeable rise against its Japanese counterpart within the expected bullish path mentioned in the previous analysis, touching the official target 143.20, to record its highest level at the beginning of the weekly trading at 143.95. On the technical side, today, we find the pair succeeded …

The Canadian dollar succeeded in touching the target of the upside correction mentioned in the previous analysis, located at 1.2880, to record it’s high at 1.2875. Technically speaking, we find that the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices started their first weekly trading on a slight upward bias, benefiting from building on the ground of the support 1851, which is near its highest level during the early trading of the current session around 1861. On the technical side, today the 50 day moving average …