Oil prices plunged on Tuesday, January 26th, as the chances for rapid approval of a new economic stimulus receded in the United States, while a surge in coronavirus cases raised doubts about the pace of any recovery in demand. Brent crude fell 28 cents, equivalent to 0.5%, to more than …

Japanese stocks closed lower on Tuesday, January 26, as they witnessed profit-taking sales due to concerns about delays in the distribution of anti-coronavirus vaccines, as well as in an American stimulus package and a state of tension before the start of the corporate earnings announcement season. The Nikkei index fell …

European stocks rose on Tuesday, January 26th, after a two-session decline, as Swiss Wealth Management UBS announced a rise in quarterly net profit, but the gains were curbed by concerns about extending the lockdown and US stimulus measures. The European Stoxx600 index rose 0.2%, after closing at its lowest level …

Gold rose on Tuesday, January 26th, as the yellow metal’s appeal was strengthened as a hedge against inflation thanks to expectations of eventually passing a large US stimulus package, despite the strong dollar curbing the gains. This rose in spot transactions 0.1% to 1856.33 dollars an ounce and US gold …

Negative trading controls the movements of Bitcoin after it found a strong resistance level around 32,000, as the current moves witness a stable bearish slope near the lowest level during the session. The technical side indicates the possibility of continuing the decline due to the negative pressures of the simple …

The German DAX index declined to record strong losses, recording its lowest levels at 13,586. On the technical side, with the index’s failure to maintain trading above the support level of 13,800, which is now converted into a resistance level, this comes in conjunction with the negative pressure of the …

The Dow Jones Industrial Average suffered strong losses during the previous session’s trading, cancelling the positive outlook, as we expected it to reach its lowest level at 30,455. On the technical side today, and with a closer look at the 60-minute chart, we find that there is a conflict in …

The pound sterling against the Japanese yen started its morning trading for the current session with clear negativity after hitting the resistance level of 142.30. On the technical side today, and with the continuation of the negative pressure of the 50-day moving average that meets around 142.00, in addition to …

Positive trading dominated the moves of the Canadian dollar, to complete the minor bullish correction that had previously taken place, benefiting from building on the support floor of 1.2700. From a technical analysis angle, the pair continues to get a positive stimulus from the 50-day moving average, in addition to …

Oil, Crude, trading