The Canadian dollar reached the first target expected to be achieved during the previous trading session, at 1.3770, recording its highest level of 1.3785. Technically, and with a closer look at the 4-hour time frame chart, we find that the resistance level of 1.3785 formed a negative pressure factor that …

japanese-yen

Oil, Crude, trading

US crude oil prices continue to fall amid intense selling operations within the strong downward trend expected during the previous technical report, exceeding the first official target of 82.75, approaching by a few points from the second target of 82.00, recording its lowest level of $82.20 per barrel. Technically, the …

For the second session in a row, gold trading is limited from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find that positive crossover signals are …

For the second session in a row, the EUR/USD pair is trying to reduce its previous losses to retest the pivotal resistance published in the last technical report, located at 1.0550, which it has been unable to break. Technically, and with a closer look at the 4-hour time frame chart, …

European stocks regained some balance on Thursday after a three-day sell-off amid concerns about rising interest rates that pushed US and European government bond yields to multi-year highs. The European STOXX 600 index rose 0.3 percent by 0720 GMT, after closing at its lowest levels in six months on Wednesday. …

Russian President Vladimir Putin has ordered the government to provide state funding to ensure a smooth heating season, including by imposing regulations on the prices of fuel oil for home heating in some regions, the Kremlin said on Thursday. Russia has been facing a fuel shortage and rising prices in …

Turkish Energy Minister Alp Arslan Bayraktar said on Thursday that the crude oil pipeline from Iraq via Turkey, which has been halted for about six months, is ready for operation as of Wednesday and that Ankara is preparing to start shipments. Turkey stopped flows through the oil export route from …

The Nikkei index snapped a five-day losing streak, recording on Thursday the largest single-day percentage jump in three months, with US Treasury yields declining from their highest levels in 16 years and investors buying stocks that fell. The Nikkei index rose 1.80 percent at the close, recording 31,075.36 points. On …