European stocks fell on Wednesday under the weight of fears of a slow economic recovery while most investors were reluctant to take positions ahead of the US Federal Reserve’s decision on monetary policy. The European Stoxx600 index fell 0.4% in early trade after losses in Asian markets and Wall Street. …

Oil prices rose on Wednesday, January 27, after data for the sector showed that US crude inventories fell unexpectedly last week, and China, the second-largest consumer of oil in the world, recorded the lowest daily level of increase in cases of Covid-19 in more than two weeks. Brent crude futures …

Gold trading recorded a limited range Wednesday, January 27, as traders in the market awaited the US Federal Reserve’s decision on monetary policy and developments related to a stimulus package to mitigate the repercussions of the Coronavirus in the largest economy in the world. This fell in spot gold transactions …

Japanese stocks closed higher on Wednesday, January 27, thanks to hopes for better corporate results after the International Monetary Fund raised its global growth forecast, while Nitto Denko shares jumped after it revised its earnings outlook. The benchmark Nikkei index rose 0.31% to 28635.21 points, while the broader Topix index …

Bitcoin succeeded in achieving the negative outlook, as we expected during the previous analysis, surpassing the second official target to be achieved at 31,730, to record its lowest price during the morning trading of the current session at 31,428. On the technical side, we tend to be negative due to …

Positive trading dominated the German DAX index after it succeeded in building on the support floor of 13,580. Technically, we tend to be positive in our trading, relying on trading stability and stability above 13,800 accompanied by positive signs of the RSI, in addition to stochastic attempts to obtain additional …

Mixed trades dominated the movements of the Dow Jones Industrial Average during the previous trading session, touching the first target to be achieved located at a 30,985, recording its highest price 31,015. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI …

The pound achieved noticeable gains against the Japanese yen, canceling the expected negative outlook during the previous analysis, touching the stop-loss order published during the previous analysis. On the technical side, today, with the return of trading stability above the psychological barrier support level 142.00, accompanied by the positive stimulus …

The technical outlook remains unchanged, and the pair’s moves have not changed little, maintaining the positive stability in attempts to complete the upward correction. In terms of technical analysis today, the pair continues to get a positive stimulus from the 50-day moving average, in addition to holding above 1.2700. Therefore, …

Oil, Crude, trading