Oil prices rose on Monday, recouping some of their losses on Friday, as investors focused on expectations of tight global supply and a last-minute agreement to avoid a US government shutdown, which restored their risk appetite. By 0037 GMT, Brent crude futures for December rose 18 cents, or 0.2 percent, …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar reversed the expected downward trend during the previous report, in which we relied on trading stability below the resistance level of 1.3520. As a reminder, we indicated that going above and consolidating the price above 1.3520 leads the pair to the upward path again as we wait …

japanese-yen

Oil, Crude, trading

US crude oil futures prices achieved the bearish correction targets published during the previous technical report at 90.45, recording its lowest level at $90.40 per barrel. Technically, oil prices are pressing on the strong support floor 90.40, accompanied by continued negative pressure from the 50-day simple moving average and signs …

Gold prices suffered heavy losses during last Friday’s trading within the negative outlook expected during the previous technical report, touching the first target of 1853 and approaching, within a few points, of the second target of 1844, recording its lowest level at $1846 per ounce. Technically, by looking at the …

Limited positive attempts dominated the movements of the Euro/Dollar pair at the end of last week’s trading, with several consecutive sessions of decline. As we explained during the previous technical report, the price’s consolidation above the psychological barrier resistance of 1.0600 is a condition for an upward correction. Technically, the …

In the United States, inflation, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, rose to 3.5% on an annual basis in August, up from 3.4% (revised from 3.3%) in July, according to the US Bureau of Economic Analysis on Friday. This reading was consistent with …