Oil prices experienced a decline in early trading on Tuesday as ceasefire discussions between Israel and Hamas in Cairo provided a sense of relief, easing concerns about the escalation of conflict in the Middle East. However, apprehensions regarding the outlook for US interest rates weighed on the market sentiment. By …

Oil, Crude, trading

The Canadian dollar experienced an upward trend, finding support at 1.3630, which facilitated a rebound, with the pair currently stabilizing near its morning peak around 1.3680. Today’s technical analysis suggests a positive outlook, buoyed by the supportive influence of the 50-day simple moving average. This is further reinforced by favorable …

japanese-yen

Oil, Crude, trading

US crude oil futures prices experienced downward pressure at the beginning of the trading week, encountering resistance near the psychological threshold of $84.00. From a technical perspective, a bearish outlook emerges, driven by the resurgence of simple moving averages exerting downward pressure, coupled with the price’s positioning below key sub-resistance …

Gold prices recently found robust support at $2325, a level crucial for maintaining the short-term upward trend. This support prompted a modest rebound, with prices reaching a peak of $2346 per ounce. Analyzing the 240-minute time frame chart reveals a return to stability below the 50-day simple moving average, reinforcing …

The EUR/USD pair continues to experience mixed movements, oscillating within a narrow sideways range. This range is bounded by the 1.0730 resistance level on the upper end and the 1.0680 support level on the lower end. A detailed examination of the 4-hour time frame chart reveals that the pair’s intraday …

Oil prices fell in early Asian trading on Monday, giving up gains made on Friday, as peace talks between Israel and the Palestinian Islamic Resistance Movement (Hamas) in Cairo eased fears of a widening conflict in the Middle East. US inflation data also reduced expectations of interest rate cuts soon. …

European stocks rose to their highest level in two weeks on Monday, continuing the strong gains they achieved last week, as traders awaited economic data and the Federal Reserve’s decision on monetary policy. By 0718 GMT, the European STOXX 600 index rose 0.3 percent after recording its first weekly gain …