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Oil, Crude, trading
Read More »Dow Jones continues to form a negative attack 23/8/2023
CAD maintains a gradual climb 23/8/2023
Quiet positive trades continue to dominate the Canadian dollar’s movements within a gradual rise towards the required target of 1.3575, recording its highest level at 1.3565. Technically, the 50-day simple moving average is still holding the price from below, in addition to the positive signs coming from the RSI, which …
Read More »JPY resumes the bearish correction 23/8/2023
japanese-yen
Read More »GBP retesting support 23/8/2023
Oil, Crude, trading
Read More »Oil and negative pressure is in place 23/8/2023
Trading tended to be negative, dominating the movements of US crude oil futures within the expected downward track. It gradually approached the first target achieved during the previous report at 79.20, only to record its lowest price at $79.51 per barrel. Technically, we find the price stable below the resistance …
Read More »Gold is waiting for a stronger signal 23/8/2023
The technical outlook is unchanged for the second session in a row, with the continuation of the sideways range between 1889 and 1904. Today’s technical vision indicates the possibility that we will witness an attempt to establish support around 1885 that may lead gold prices to achieve some temporary rise, …
Read More »Euro is touching the bearish targets 23/8/2023
EURUSD failed to stabilize for a long time above the resistance level of the psychological barrier 1.0900, to return to negativity significantly during the previous trading session, within the expected bearish context in the last analysis, touching the first official target of 1.0840, recording its lowest level at 1.0833. Technically, …
Read More »Turkish official agency: Foreign Minister will visit Ukraine on Friday
Turkey’s official Anadolu news agency quoted diplomatic sources as saying that Foreign Minister Hakan Fidan will visit Ukraine on Friday. Turkish officials have repeatedly expressed their desire to mediate between Russia and Ukraine for the return of the grain export agreement through the Black Sea. Russia has imposed a blockade …
Read More »India’s imports of Saudi oil are at the lowest level in two and a half years
Shipping data from commercial and industrial sources showed that India’s imports of crude oil from Russia fell in July for the first time in nine months, and shipments from Saudi Arabia fell to the lowest level in two and a half years after production cuts from OPEC +. China and …
Read More »European stocks rise with the rise of shares of chip makers
European stocks rose in early trading on Tuesday, with technology stocks leading the gainers, with the rise of chip makers, supported by the rise of their counterparts on the Wall Street Stock Exchange on Monday night, amid anticipation of the announcement of the results of NVIDIA. The pan-European STOXX 600 …
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