Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the movements of the Canadian dollar during the previous trading session after it failed to maintain positive stability above 1.3600. Technically, we are leaning toward negativity, relying on the negative intersection of the simple moving averages that began to pressure the price from above and the negativity …

japanese-yen

Oil, Crude, trading

US crude oil futures prices returned to achieve gains for the second session in a row, beginning to attack the psychological barrier resistance level of 88.00, recording its highest level of $88.11 per barrel. Technically, we tend to be positive in our trading, relying on the return of the simple …

Narrow-range side trading confined from the bottom above the 1913 support level and from the top below the 1929 resistance level within limited positive attempts for gold prices to penetrate the 1929 level, but it cannot break it so far. Technically, we indicated during the previous technical report that the …

Calm trading that tended to be positive dominated the movements of the EURUSD pair at the beginning of this week’s trading, starting with an upward trend, attacking the 1.0750 resistance level, recording its highest level at 1.0769. On the technical side today, with a closer look at the 4-hour time …

The Japanese yen jumped Monday, September 11, after comments by Bank of Japan Governor Kazuo Ueda raised hopes that the country may soon enter a new era away from negative interest rates, while the dollar fell ahead of US inflation data scheduled for release this week. The Japanese currency rose …

The Central Bank of Turkey said Monday, September 11, that the country’s current account surplus turned into a deficit of $5.466 billion in July, which exceeds Reuters expectations of a deficit of $4.5 billion. The country’s current account registered a surplus of $651 million in June. In 2022, Turkey’s current …