Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar found a good support ground around 1.3355, which succeeded in limiting the bearish bias, to start the pair’s daily trading on a bullish path, stabilizing above the mentioned level. Technically, the 50-day simple moving average still holds the price from below, and it meets near 1.3350, which …

japanese-yen

Oil, Crude, trading

After the US data appeared yesterday, negative trading dominated the prices of US crude oil futures contracts to face negative pressure, recording a low of $82.67 per barrel. Technically, by looking closely at the 4-hour chart, we find the price stable below 83.50, achieving a clear breach of the mentioned …

The resistance levels posted during the previous repor at 1929, could limit the bullish bias, which forced gold prices to maintain the bearish path, recording its lowest level at $1910 per ounce. On the technical side today, and looking at the 4-hour chart, the Simple Moving Averages are still a …

After yesterday’s US data, there are limited positive attempts for the EUR/USD pair to test the 1.1030 resistance level, and the pair’s current movements are witnessing stability below the mentioned resistance. Technically, and looking closely at the 4-hour chart, we notice the conflicting technical signals. We noticed the 50-day simple …

European stocks rose on Thursday as investors received a batch of corporate earnings reports while they awaited US inflation data that is likely to determine the course of the Federal Reserve’s monetary policy. The pan-European Stoxx 600 index rose 0.4 percent by 0707 GMT, after rising to a one-week high …

The Russian ruble fell by more than two percent against the dollar on Tuesday, to its lowest level in more than 16 months, above 97, due to strong domestic demand for foreign currency. The ruble recovered on Monday to post intraday gains for the first time in August, but gave …