Oil prices rose in early trading on Wednesday, as markets focused on tight supplies ahead of winter and a “soft landing” for the US economy. By 0015 GMT, Brent crude futures rose 33 cents, or 0.4 percent, to $94.29 per barrel, while US West Texas Intermediate crude futures rose 31 …
Read More »USD at a 10-month high as interest rates concerns persist
The dollar rose to its highest level in ten months against a basket of major currencies on Wednesday, sending the euro and sterling to the lowest level in six months and raising the possibility of intervention to support the yen, as expectations of US interest rates remaining high for a …
Read More »Nasdaq: Negative pressure continues 27/9/2023
Oil, Crude, trading
Read More »Dow Jones continues to lose ground 27/9/2023
Oil, Crude, trading
Read More »CAD continues to gradually rise 27/9/2023
Positive trading continues to control the movements of the Canadian dollar within the expected upward path during the previous technical report, maintaining positive stability above the strong support floor 1.3450. Technically, we are leaning towards positivity in our trading, relying on the pair’s success in crossing upwards and rising above …
Read More »USD/JPY attacks resistance, waiting for a breakthrough 27/9/2023
japanese-yen
Read More »GBP suffers huge losses 27/9/2023
Oil, Crude, trading
Read More »Oil ended the downward correction 27/9/2023
US crude oil futures prices achieved the idea of a corrective decline published during the previous report, touching the first bearish correction target of 88.65, approaching a few points ahead of the second target of 88.00, recording its lowest level at $88.23. Technically, prices witnessed a rapid upward rebound due …
Read More »Gold confirms breaking support 27/9/2023
Gold prices achieved the official target published during the previous technical report, explaining that breaking the main support floor for the current trading levels of 1913 led the price to visit 1903, recording its lowest level at $1899 per ounce. Technically, today, by looking at the 4-hour chart, we find …
Read More »Euro surrenders to the strength of Dollar 27/9/2023
A strong downward trend continues to control the movements of the Euro/Dollar pair within the negative outlook expected during the previous analysis, touching the desired target at 1.0555, recording its lowest level during early trading of the current session at 1.0555. Technically, and with a closer look at the 4-hour …
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