Gold prices are heading for gains for the third week in a row on Friday, as conflict in the Middle East leads to investors increasingly seeking safe havens, despite US interest rates remaining high for a longer period. By 0341 GMT, gold in spot transactions rose 0.1 percent to $1,986.76 …
Read More »Nasdaq continues to post losses 27/10/2023
Oil, Crude, trading
Read More »Dow Jones extends its losses 27/10/2023
Oil, Crude, trading
Read More »CAD retests support 27/10/2023
Positive trading continued to control the movements of the Canadian dollar during the previous trading session, heading to visit the first official target to be achieved yesterday at the price of 1.3845, recording its highest level of 1.3845. Technically, we are leaning towards positivity, relying on trading stability above the …
Read More »JPY touches the desired target 27/10/2023
japanese-yen
Read More »GBP: Negativity Remains 27/10/2023
Oil, Crude, trading
Read More »Oil is trying to recover 27/10/2023
During the previous trading session, Mixed trading dominated US crude oil futures. The price recorded its lowest level around $82.70 per barrel after an attempt to consolidate above $85.35. Technically, when we look closer at the 240-minute time frame chart, we notice the 50-day simple moving average trying to push …
Read More »Gold maintains gains 27/10/2023
A gradual rise in gold prices within the positive outlook expected during the previous report reached the first official target required yesterday at $1994 per ounce, recording the highest price. Technically, and by looking at the 4-hour time frame chart, we find gold stable above the 1977 resistance level, represented …
Read More »Euro may resume bearish bias 27/10/2023
A downward trend within the expected bearish path dominated the EURUSD pair’s movements. It approached the first target of 1.0500 and posted its lowest level at 1.0520. The technical aspect today indicates the possibility of resuming the bearish tendency, relying on the stability of intraday trading below the resistance level …
Read More »Yen is at its lowest level in a year amid fears of government intervention, the dollar is rising
The dollar rose on Thursday near its highest levels in two weeks as US Treasury yields rose and investors’ appetite for riskier currencies declined. The yen’s exchange rate exceeded the level of 150 against the dollar, creating a state of concern among traders about the possibility of government intervention to …
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