The dollar weakened on Wednesday April 21, hovering just above the lowest level in seven weeks in light of the decline in US bond yields, which reduced the demand for currency returns. The US currency, which is considered a safe haven, has received some support from the decline in global …

Oil prices fell for a second day Wednesday, April 21, under pressure from fears that the rise in Covid-19 injuries in India will push demand for crude to fall in the third largest oil importer in the world. The price of Brent crude futures for June delivery fell 29 cents, …

Gold prices rose on Wednesday, April 21, hovering near their seven-week highs reached earlier this week, as demand for the safe-haven metal increased due to declining US Treasury revenues. Spot gold rose 0.5% to $1786.80 an ounce, after reaching $1789.77 on Monday, its highest level since February 25. US gold …

European stocks recovered Wednesday, April 21 from the worst downturn this year as fears of a rapid increase in Covid-19 cases in some countries were met with optimism about a strong results season. Technology stocks recorded the biggest gains, rising about 2%, and semiconductor equipment company ASML jumped 5.4% after …

Official figures showed that British consumer price inflation increased to 0.7% in March from 0.4% in February, due to the rise in fuel and clothing prices, slightly below the average forecast of 0.8% in a Reuters poll of economists. Food prices are down from a year ago. British inflation is …

The German DAX index suffered big losses within the negative outlook mentioned in the previous analysis, touching our targets located at 15,260, to record the lowest at 15,120. On the technical side today and with the continued negative pressure coming from the simple moving averages, in addition to trading stability …

The Dow Jones Industrial Average declined significantly during the previous trading session within the expected bearish path mentioned in the previous analysis, touching the official target station at 33,780, recording its lowest price 33,570. On the technical side, we notice that there is a clear breach of the support level …

Negative trading dominated the pound’s movements against the Japanese yen, as a result of hitting psychological barrier resistance 152.00. On the technical side, today we are biased negatively depending on trading stability below the mentioned resistance, in addition to the RSI gaining bearish momentum over the short time intervals. Therefore, …

Positive trading dominated the Canadian dollar’s ​​movements yesterday within the expected bullish path, in which we depended on the breach of 1.2550, indicating that this is a catalyst that strengthens the bullish chances of touching the first target of 1.2610, recording a high of 1.2623. Technically, and with a closer …

Oil, Crude, trading