Oil, Crude, trading

japanese-yen

Oil, Crude, trading

Positive momentum characterized the trading of US crude oil futures contracts in the initial sessions of this week, reaching its pinnacle at $74.60 per barrel. From a technical standpoint, the price of oil has successfully established a solid foundation above the robust support level at 71.40. The ongoing support from …

Gold prices are actively seeking to sustain an upward trajectory, having successfully retested the robust 2016 support level during the previous trading session. Intraday movements indicate a stabilizing trend above this critical support level. From a technical analysis standpoint today, we maintain a positive outlook on our trading stance. This …

The EUR/USD pair has experienced constrained movements in recent consecutive sessions, maintaining a stable sideways range with the lower boundary holding above the 1.0860 support and the upper boundary staying below the 1.0960 resistance. Upon closer examination of the 240-minute time frame chart from a technical perspective today, conflicting signals …

Interviewed on Dubai TV on Monday, Mohammed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on the most important developments in the global financial markets on the first day of trading week, and most notably: US Mohammed Hashad …

British Petroleum, the leading oil company, said on Monday that it was temporarily suspending all transportation operations through the Red Sea after attacks launched by the forces of the Houthi group, which controls most of Yemen at the weekend. The company added in a statement: “The safety and security of …

Ukraine’s gross domestic product (GDP) is likely to grow by more than five percent in the first 11 months of 2023 after a 28.9 percent decline, Ukrainian Economy Minister Yulia Sviridenko said on Monday. percent in the same period last year. She added that the government expects GDP to grow …

European stocks fell on Monday, pressured by a decline in real estate stocks, at a time when sentiment was affected after senior officials in the European Central Bank reduced the possibility of cutting interest rates soon. The European STOXX 600 index fell 0.3 percent by 0811 GMT, after recording its …