Oil, Crude, trading

An upward trend has reasserted control over the movements of the Canadian dollar, establishing solid support around 1.3410. The current trading levels witness stability around the highest point reached early in the morning at 1.3475. Upon closer examination of the 4-hour chart from a technical perspective, the simple moving averages …

japanese-yen

Oil, Crude, trading

Mixed trading characterizes the movements of US crude oil futures in the initial trading sessions of the week. After reaching its lowest point at $72.27, the price rebounded to retest the $72.50 level. Technically, a negative bias is evident, supported by the initiation of negative crossover signals from the simple …

Gold prices are currently experiencing a downward trend after facing resistance at the critical level of 2065, leading to negative stability. From a technical standpoint today, examining the 240-minute chart reveals emerging signs of negativity on the Stochastic indicator. Simultaneously, clear negative trends are evident on the 14-day momentum indicator. …

The EUR/USD pair initiated the week with a decline, encountering significant resistance around 1.0960 that prompted a negative trajectory. Presently, the pair is stabilizing near 1.0915. From a technical perspective today, examining the 4-hour timeframe chart reveals persistent pressure on the price from the simple moving averages from above. Additionally, …

European stocks experienced a decline on Monday, influenced by a rise in government bond yields and concerns over potential interest rate cuts by the European Central Bank. Dassault Aviation’s shares also contributed to the losses, dropping due to the company’s failure to meet its targeted number of aircraft deliveries. The …

On Monday, the Japanese Nikkei index reached a milestone by surpassing the 36,000-point mark for the first time in 34 years. This surge was driven by an increase in the shares of shipping companies and financial institutions, coupled with a decline in US Treasury bond yields and the stabilization of …

The dollar fell on Monday as investors bet again that the Federal Reserve (US central bank) will cut interest rates soon, and the yuan fell to its lowest level in a month after China’s central bank surprised markets by stabilizing interest rates in the medium term. The People’s Bank of …