US crude oil futures experienced significant losses in the early trading sessions of this week, reaching the projected targets from the previous report at 76.40 and 75.95, and coming close to the next target of 75.10, with a low of $75.39 per barrel during this morning’s trading. Technically, the 4-hour …

Gold prices continue to fluctuate within a narrow range, bounded by the support level at 2366 and the resistance level at 2394. From a technical analysis standpoint, the simple moving averages are acting as resistance, while trading remains below the key resistance level of 2394. This bearish sentiment is further …

The Euro continued its decline against the US Dollar, following the anticipated downward trajectory outlined in the previous technical report. The pair reached the first official target at 1.0810, hitting a low of 1.0802. On the technical front today, a closer examination of the 240-minute chart reveals that the simple …

Dubai TV hosted Mohammed Hashad, Head of Research and Development at Noor Capital, and a member of the US Association of Technical Analysts, to comment on and shed light on market movements. United StatesThe Dow Jones saw a boost following Microsoft’s recent announcement of a new update to the Bing …

European stock markets opened the week on a positive note, driven by gains in the oil sector amid concerns of a potential escalation in the Middle East and supported by a series of encouraging corporate earnings. Market OverviewThe pan-European STOXX 600 index rose 0.4% by 0713 GMT on Monday, continuing …

Oil prices rose on Monday, recovering some of the losses from the previous week, due to concerns about a potential escalation in the Middle East following a rocket strike in the Israeli-occupied Golan Heights. This strike, which Israel and the United States attributed to the Lebanese armed group Hezbollah, resulted …

The Japanese yen edged higher on Monday, recovering from early losses as sentiment remained fragile following a significant rally last week. This rally was driven by a tech-led stock rout in the U.S., which increased demand for safe haven assets like the yen. Market Focus on Upcoming Policy Decisions Traders …

Gold prices climbed in Asian trade on Monday, regaining some of the ground lost throughout most of July. This recovery is largely attributed to growing expectations of interest rate cuts by the Federal Reserve, as well as a weaker dollar following recent U.S. inflation data. Spot and Futures Prices Spot …

European stocks exhibited a flat performance on Friday, reflecting a lack of clear direction as investors digested a diverse range of corporate earnings reports. The pan-European STOXX 600 index remained steady at 508.9 points by 0710 GMT, heading towards its second consecutive week of losses after hitting a two-month low …

Oil prices saw a slight uptick on Friday but remained on course for a third consecutive week of declines, influenced by weak demand from China and evolving geopolitical developments in the Middle East. Marginal Gains on Friday Brent crude futures for September inched up by 12 cents, or 0.2%, to …