Gold prices hovered near the highest level in two and a half months on Thursday, as escalating unrest in the Middle East boosted demand for a safe investment haven. At the same time, investors awaited a speech by Federal Reserve Chairman Jerome Powell scheduled for later on Thursday. By 0318 …

Oil, Crude, trading

Oil, Crude, trading

Positive trades dominated the Canadian dollar’s movements, reflecting the downward trend we expected. We relied on trading stability below 1.3700. As a reminder, we indicated that moving upwards and consolidating above 1.3700 would immediately stop the expected downward trend. The pair would recover to retest 1.3740, recording its highest level. …

japanese-yen

Oil, Crude, trading

Mixed trading controls the performance of US crude oil futures contracts within the expected bullish path, touching the first target published in the previous technical report for 89.90, recording its highest level of $89.85 per barrel. Technically, prices were bearish after touching the resistance level represented by the target of …

As we expected, gold prices jumped during the previous trading session to achieve significant gains within the positive outlook. They touched the first target of $1953 and exceeded the second target of $1959, recording the highest level of $1962 per ounce. Technically, today’s movements are witnessing a retest of the …

For the second session in a row, the euro failed to breach the strong resistance level at the psychological barrier of 1.0600, which forced it to trade negatively during yesterday’s session. Technically, the current movements are witnessing stability around the lowest level during early trading, 1.0534. A closer look at …

Gold prices touched their highest levels in nearly a month on Wednesday after the Gaza hospital explosion reinforced fears of escalating conflict in the Middle East and maintained the precious metal’s appeal as a safe investment. By 0700 GMT, the price of gold in spot transactions had risen 0.7 percent …