Oil, Crude, trading

Positive trading dominated the movements of the pound sterling against the Japanese yen, nullifying the negative outlook, as we expected, touching the stop losses order at 151.20. On the technical side today, and with a closer look at the 60-minute chart, we find the 50-day moving average trying to push …

Negative trading dominated the Canadian dollar’s movements during the previous trading session after it succeeded in stabilizing temporarily below the 1.2600 support level. From the technical analysis, the current moves are witnessing attempts to rise. However, the price is back to stability above the 1.2600 support level, accompanied by attempts …

Oil, Crude, trading

Oil, Crude, trading

Gold recorded rebound attacks to the upside during the previous trading session to retest the 1770 resistance level after recording its lowest level at 1747. Today’s technical vision indicates the possibility of resuming the bearish bias based on the negative pressure of the 50-day moving average, in addition to the …

The resistance levels published during the previous analysis, at 1.1640, were able to cap the attempts to rise in the euro against the US dollar, which forced it to decline again. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the …

US stock futures fell on Monday as investors prepared for the first full week of October trading, Dow futures fell 124 points or 0.4%, S&P 500 futures fell 0.4% and Nasdaq 100 futures lost 0.5%. Technology stocks including Nvidia and Zoom Video are down slightly in pre-market trading as investors …

The yield on the benchmark 10-year Treasury was at 1.49% in the first full trading week of October, below a 3-month high of 1.56% last week, as traders continue to digest the prospects for an early Fed tightening despite ongoing inflationary pressure. Last week, Fed Chair Powell said at the …

Gold retreated from its highest level in more than a week on Monday, October 4, as US Treasury yields rose and the dollar compensated for some of its losses, but it remained above the technically important $1750 support level, supported by market fears of inflation. Spot gold fell 0.5% to …