The French central bank said today, Wednesday, that the country’s economy has likely contracted 4% in the last quarter of last year compared to the previous three months, although activity increased in December after the lifting of general isolation measures imposed to combat the spread of the Coronavirus. In light …

Gold rose today, Wednesday, as the dollar and US Treasury yields declined, while the prospect of a massive financial stimulus in the United States boosted the appetite for the yellow metal as a hedge against inflation. Spot gold rose 0.1% to $1,857 an ounce, while US gold futures gained 0.8% …

Negative trading dominated Bitcoin’s moves within the profit-making operations aimed at touching 32,820 levels. On the technical side, today we may witness the completion of a bearish correction with the continuation of the negative pressure of the 50-day moving average, but on condition that we witness a clear break of …

The German DAX index succeeded in achieving the goal of re-testing the support mentioned in the previous analysis at 13,820, recording the lowest price at 13,826. On the technical side, the current trading of the index stabilizes below the 14,000 psychological barriers, accompanied by the negative signs of the RSI …

We remained neutral during the previous analysis, explaining that the activation of selling positions depends on confirming that the index has broken the support level of 30,870 so that the price heads to visit 30,710 posting low of 30,776. Technically, and with a closer look at the 60-minute chart, we …

Positive trading dominated the pound’s movements against its Japanese counterpart within the expected upward trend, touching the second target to be achieved, 141.70, posting a high of 142.02. On the technical side, we are positive in our trading, relying on the positive motive of the 50-day moving average, in addition …

The Canadian dollar continues its efforts to rise to re-test the 1.2800 resistance level, which it has not yet been able to breach. Technically, the current trading is stabilizing near its lowest level during the early trading at 1.2700, and with a closer look at the chart, we find the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices managed to touch the first target to be achieved mentioned in the previous analysis, which is located around the support level of 1837, recording its lowest levels during the previous trading session at 1836. Technically speaking, prices benefited from touching the support level represented by the target of …