Oil, Crude, trading

Gold prices hit the strong resistance level published in the previous analysis at 1818/1819, which we clarified is one of the conditions for continuing the bearish trend to force the price to retreat quietly again. Technically speaking, and with a closer look at the 4-hour chart, the simple moving averages …

The single European consolidated its gains against the US dollar, continuing its gradual rise to the upside. On the technical side, with the pair moving inside the bullish price channel shown on the chart, in addition to the positive stimulus from the simple moving averages. This encourages us to keep …

Bitcoin slumped to its lowest level in 10 days, halting its sharp rally and sparking sell-off among smaller cryptocurrencies. The world’s largest cryptocurrency fell 13% to its lowest level since November 16 and was last down 9% to $ 17,074, a sharp correction from its three-year high of $ 19,521 …

Data showed that the net foreign reserves of the Turkish Central Bank amounted to 18.45 billion dollars on November 20, up from 16.43 billion dollars a week earlier when it reached its lowest level since March 2004. The exchange rate used by Reuters today is 7.6699 compared to 7.7896 the …

Oil fell from its highest level in seven months Thursday, November 26, as signs of growing supplies helped halt a rise led by optimism that demand for fuel would recover thanks to coronavirus vaccines. Brent crude futures rose to about $ 50 a barrel this week, after three major pharmaceutical …

China has ramped up imports of crude oil, propane and LNG from the United States since July, but total purchases of energy products through October are still well below the targets set for 2020 included in the Phase 1 trade agreement with Washington. According to Reuters calculations, which was based …

European stocks rose in early trade Thursday, November 26, but the gains were limited after sentiment was undermined by the extension of coronavirus-related restrictions in Germany and frustrating economic growth prospects for Britain. The European Stoxx600 index rose 0.1%, as technology and healthcare sectors led gains. The benchmark halted a …

Japanese stocks rose Thursday, November 26, to close at the highest level in more than 29 and a half years, as technology stocks went on the path of their American counterparts on the Nasdaq index, but the gains were limited by concerns about the latest restrictions to combat the Coronavirus …

The dollar fell on Thursday, November 26, as negative US economic data and optimism about coronavirus vaccines prompted investors to turn to more risky currencies associated with global commodities and emerging markets. The British pound traded near its highest level in more than two months against the dollar, as investors …