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Oil, Crude, trading
Read More »Dow Jones continues to post losses 23/10/2023
CAD trying to be positive 23/10/2023
Trading tended to be positive during the previous trading session, following the gradual upward path we expected, recording its highest level at 1.3734. Technically, with the pair’s success in stabilizing above the previously breached resistance at the price of 1.3680, in addition to the positive incentive coming from the simple …
Read More »JPY waiting for a new signal 23/10/2023
japanese-yen
Read More »GBP waiting to break through the resistance 23/10/2023
Oil, Crude, trading
Read More »Oil starts negative 23/10/2023
US crude oil futures prices expanded their gains at the end of last week’s trading, touching the official target station at $ 89.45 and recording their highest level at $89.82 per barrel. Technically, we are leaning toward negativity in our trading, but with caution, relying on the return of trading …
Read More »Gold needs additional motivation 23/10/2023
Gold prices continued to rise within the general upward trend expected in the previous technical report. They exceeded the official station required to be touched at the price of 1976, recording their highest level of $1997 per ounce. On the technical side today, looking at the 240-minute time frame chart, …
Read More »Euro starts attacking the resistance 23/10/2023
We remained neutral during the last report, explaining that we are waiting for the pair to break free from the sideways price range confined between 1.0500 and 1.0600. The EUR/USD pair concluded last week’s trading on a positive note and began attacking the resistance of the psychological barrier 1.0600, recording …
Read More »Oil is on its way to rising for the second week against the backdrop of the conflict in Gaza
Oil prices rose on Friday by more than a dollar, on track to achieve gains for a second week amid growing fears that the conflict between Israel and Gaza could spread to the Middle East and thus disrupt supplies from one of the largest crude production regions in the world. …
Read More »Dollar touches the 150 level against Yen with a boost from Powell’s statements and Treasuries
On Friday, the dollar briefly touched the 150 level against the closely watched yen, supported by a rise in US 10-year Treasury bond yields towards 5 percent after Federal Reserve Chairman Jerome Powell indicated that there was room to implement further interest rate hikes. The yield on ten-year US Treasury …
Read More »Russia: OPEC+ helps stabilize oil markets
Russia said on Friday that the OPEC+ group of major oil producers helped stabilize oil markets and resisted external pressure, despite “Western manipulation” in the form of a price ceiling for Russian oil. Foreign Ministry spokesman Alexei Zaitsev stated in a weekly press briefing that Russia is a responsible supplier …
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