Oil prices experienced an early uptick in Asian trading on Thursday, driven by persistent concerns over escalating tensions in the Middle East. These apprehensions overshadowed earlier worries about shipping traffic disruption, as some international shipping companies resumed activities in the Red Sea. Market Movement:Brent crude futures advanced by 0.3 percent, …

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices witnessed a downward trend during the previous trading session, invalidating the expected bullish scenario in which we relied on trading bases above 73.70 at the time of writing the technical report. Technically, by looking at the 4-hour time frame chart, we find that oil prices …

Gold prices maintained the expected upward trend during the previous technical report, continuing to build a rising wave, exceeding yesterday’s official target station of 2078, recording its highest level of $2088 during early trading in today’s session. From the angle of technical analysis today, and with a closer look at …

The upward trend continued to control the movements of the EUR/USD pair, as we expected, touching the official target required to be achieved during the previous technical report, located at the price of 1.1120, recording its highest level of 1.1122. On the technical side today, we are leaning towards positivity, …

The dollar faced a decline on Wednesday, reaching its lowest level in five months, while the euro touched a four-month high. Market sentiment was driven by expectations of an imminent interest rate cut by the Federal Reserve. However, limited trading volume at the close of the year contributed to subdued …

European shares experienced a modest increase on Wednesday, driven by a rise in mining shares fueled by strong Chinese data. Additionally, technology stocks received a boost from Wall Street’s optimistic outlook, fueled by expectations that the Federal Reserve might initiate interest rate cuts in March. Market Overview:The European STOXX 600 …