Oil, Crude, trading

Oil, Crude, trading

Negative trading continued to dominate the movements of the Canadian dollar during the previous trading session within the bearish context expected in the last analysis, recording its lowest level at 1.3570. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on the …

japanese-yen

Oil, Crude, trading

Mixed trades tended to be negative. US crude oil futures prices dominated, within the expected negative outlook during the previous technical report, approaching the official station of 85.00, recording its lowest level at $85.17 per barrel. Technically, the 50-day simple moving average meets near the resistance level of 86.80 and …

Narrow-range side trading witnessed for gold prices during the previous trading session being stable from the bottom above 1853 and from the top below the 1865 resistance level. The technical vision today indicates the possibility of an increase, relying on the stability of intraday trading above 1847, and in general …

The technical outlook remains unchanged, and there has been no significant change in the movements of the EUR/USD pair as part of the continued attempts to gradually rise upward within the expected bullish context, recording its highest level at 1.0620. Technically, and with a closer look at the 4-hour time …

Haitham Al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), said on Tuesday that the world’s major oil producers and representatives of this sector will participate in the United Nations Climate Change Conference (COP28), scheduled to be held in the UAE next month. Al Ghais said that anyone …

European stocks rebounded strongly on Tuesday, as reassurance from US monetary policy officials about interest rates and a decline in oil prices helped calm investor fears after conflict in the Middle East fueled a rush towards safe-haven assets. The European STOXX 600 index rose 1 percent by 0709 GMT, after …