The Turkish lira declined 1% against the dollar, along with other currencies in emerging markets, as investors switched to the low-risk US dollar in light of a large number of countries tightening measures to contain Covid-19. The lira was at $7.7050, down from Friday’s closing level of 7.6280. The lira …

Oil prices fell about 3% today, Monday, due to fears of a new rapidly spreading strain of the Coronavirus, which has caused the closure of most parts of Britain, which increased fears of a slowdown in the recovery of fuel demand amid tightening restrictions in Europe. Brent crude fell $ …

Gold rose today, Monday, to its highest in six weeks, boosted by news that leaders of the US Congress have reached an agreement on an aid package linked to the Coronavirus, while the appetite for higher-risk assets is undermined by lockdown measures in Britain, which increased support for the metal. …

2020  is drawing to a close as Brexit talks continue with the race to reach a deal between the European Union and the United Kingdom before December 31. On the other side of the ocean, US lawmakers are trying to fill loopholes in the massive stimulus bill that would provide …

The German DAX index maintained its gains, continuing its gradual rise to the top, approaching a few points difference from the target required to be achieved during the previous analysis, 13,790, recording its highest level of 13,760. On the technical side, as the index continues to receive a positive stimulus …

Positive trading continues to control the movements of the Dow Jones Industrial Average on Wall Street, to find the index succeeded in building a base on the support floor of 30,050, and in general above 30,000. On the technical side, and with the RSI still defending the upside, in addition …

The British Pound retreated significantly against the Japanese Yen, to start its first weekly trading on a strong bearish slope that is stable below 138.80. On the technical side, we tend to negatively trade our trades, depending on the negative crossover signals coming from the stochastic indicator. Therefore, the bearish …

The support levels published during last week’s reports located at the price of 1.2700 were able to limit the bearish bias that continued for several sessions in a row, to find that the pair succeeded in building a base on the aforementioned level within the bullish correction scenario published during …

Oil, Crude, trading

Oil, Crude, trading