Oil, Crude, trading
Read More »Dow Jones hits resistance 21/9/2023
Oil, Crude, trading
Read More »CAD needs more determination to continue rising 21/9/2023
Positive movements have regained control of the Canadian dollar, as we expected an upward rebound during the previous trading session, approaching by a few points to the first official target of 1.3510, only to post its highest level of 1.3501. Technically, we are leaning towards positivity in our trading, but …
Read More »USD/JPY continues the upward push and confirms the breakthrough 21/9/2023
japanese-yen
Read More »GBP suffers huge losses, all eyes on BoE 21/9/2023
Oil, Crude, trading
Read More »Oil may complete the downward correction 21/9/2023
Negative trades dominated the prices of US crude oil futures contracts during the previous trading session within a bearish context, gradually approaching the first target to be achieved at the price of 88.55, only to record its lowest level at $88.90 per barrel. Technically, with a closer look at the …
Read More »Gold touching targets and looking for additional momentum 21/9/2023
Gold prices touched the upward targets required to be achieved during the previous trading session, ahead of the Fed’s decision, heading towards the official stop of 1945, recording its highest level of $1947 per ounce. On the technical side today, gold prices witnessed a bearish tendency as a result of …
Read More »Euro continues its negative creep against USD 21/9/2023
For the second session in a row, the single European currency failed to stabilize for a long time by the resistance of the psychological barrier 1.0700, so it returned to trading negatively again within the expected bearish path during the previous technical report, touching the first official target 1.0630, recording …
Read More »Dollar declines ahead of the Fed’s decision, Sterling falls
The dollar fell on Wednesday ahead of an expected US interest rate decision by the Federal Reserve later in the day, while the pound sterling fell on growing bets that the Bank of England will halt its historic series of rate hikes. The dollar index, which measures the performance of …
Read More »Gold stabilizes pending US Fed’s interest rate decision
There was little change in gold prices on Wednesday, as investors awaited the latest statements and expectations regarding interest rates from Federal Reserve Chairman Jerome Powell after the US central bank’s monetary policy meeting. By 0938 GMT, spot gold prices stabilized at $1,930.09 per ounce, remaining below its highest level …
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