Oil prices fell on Monday, after posting seven consecutive weeks of gains, supported by tight supplies caused by the OPEC+ group’s production cuts, amid concerns about a slowing economic recovery in China and the impact of a rising dollar. Brent oil futures fell 29 cents, or 0.3 percent, to $86.52 …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures prices declined after several consecutive sessions of ascending to find a strong resistance level near 83.80. This forced it to trade negatively again, gradually approaching the bearish target published during the previous report 82.00, recording its lowest level at 82.27. Technically, and upon closer look at …

As we expected, gold prices continue to decline, touching the official target station during last week’s trading at 1913, recording its lowest level at $1912 per ounce. On the technical side today, by looking at the 4-hour chart, with the continuation of the negative intersection of the simple moving averages, …

Negative trades dominated the movements of the euro-dollar pair within the expected general bearish path, in which we relied on the stability of intraday trading below the 1.1000 level, and in general, below the main resistance of 1.1030, recording its lowest level during the morning trading of the current session …

The dollar was heading for a fourth week of gains on Friday after data showed that inflation did not rise as strongly in the United States as expected in July, which helped boost investor expectations that the Federal Reserve will likely end the current interest rate hike cycle. The rise …

European stocks fell in early trading on Friday after a wave of gains on Wall Street that was supported by weak inflation data faded, however better-than-expected earnings put the European STOXX 600 on track for a moderate weekly gain. The Stoxx 600 index of European shares fell 0.5 percent by …

Oil prices fell slightly on Friday as investors weighed the upbeat demand outlook from the Organization of the Petroleum Exporting Countries (OPEC) and at the same time mixed economic data from China. Brent crude fell 15 cents to $86.25 a barrel by 0515 GMT, while US West Texas Intermediate crude …