Oil, Crude, trading

Negative trading dominated the movements of the Canadian dollar yesterday within the bearish context expected during the previous report, approaching by a few points from the desired target of 1.3590, recording its lowest level of 1.3605. Technically, we find the pair hovering around the 1.3660/1.3650 resistance level, unable to penetrate …

japanese-yen

Oil, Crude, trading

Mixed trading without a clear direction dominated US crude oil futures prices at the opening of this week’s trading, finding a solid resistance level around 88.30, which forced it to retest 86.20. Technically, by looking at the 240-minute time frame chart, the 50-day simple moving average supports the possibility of …

Mixed movements without a clear direction dominated gold prices during last Monday’s trading session, bringing gold back to immediate stability below the 1913 level, considered one of the most important keys to the trend during the day. Technically, and with careful consideration, we find gold prices hovering around the pivotal …

Quiet trading that tended to negativity dominated the movements of the EUR/USD pair at the beginning of this week’s trading after it found a strong resistance level around the psychological barrier of 1.0600. The technical outlook remains unchanged, and there has been no significant change in the pair’s movements. With …

The Euro (EUR) commenced the new trading week on a positive note against the US Dollar (USD), leading to an extension of EUR/USD’s rebound from the 1.0500 level, ultimately regaining the 1.0540 zone on Monday. The US Dollar (USD) experienced a slight decline, retreating from last week’s peak near 106.80 …

The Australian Dollar (AUD) started the week by recovering from a three-day losing streak, showing strength against the US Dollar. This positive movement followed a period of challenges, possibly influenced by shifting discussions regarding the trajectory of the US Federal Reserve’s (Fed) monetary policy. Investors are closely watching the Reserve …

European stocks rose on Monday, led by gains made by mining companies amid optimism about demand from China, the largest consumer. However, trading witnessed a cautious approach as investors evaluated the possibilities of escalating conflict in the Middle East. The European STOXX 600 index rose 0.4 percent by 0707 GMT. …