Gold prices rose on Monday, supported by a decline in the dollar, as investors awaited inflation data in the United States, which may make the Federal Reserve inclined to raise interest rates later in the year. Gold jumped in spot transactions 0.5 percent to $1,927.39 per ounce by 0614 GMT, …

Oil, Crude, trading

Oil, Crude, trading

CAD witnessed a sideways trend for several successive sessions, confined from below above the support floor of the psychological barrier 1.3600 and from above below the resistance of the psychological barrier of 1.3700. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …

japanese-yen

Oil, Crude, trading

Mixed trading dominated the prices of US crude oil futures contracts, confined from the bottom above 86.20 and the top below the psychological barrier resistance level of 88.00. Technically, with a closer look at the 4-hour chart, the Stochastic indicator began sending negative crossover signals, and this is accompanied by …

We adhered to intraday neutrality during the previous technical report due to conflicting technical signals, explaining that we are waiting for the confirmation of the breach of the 1929 resistance or the breach of the 1913 support. Gold prices found strong resistance around 1929, which forced the price to trade …

Limited side trading dominated the euro’s movements against the US dollar at the end of last week’s trading within a bearish context, concluding its trading around the psychological barrier of 1.0700. Technically, and with a closer look at the 4-hour time frame chart, we find that the simple moving averages …

Oil prices stabilized on Friday as investors weighed the impact of both concerns about the state of the Chinese economy and supply cuts from Saudi Arabia and Russia. The two benchmark crude oils reached their highest levels in ten months this week after Saudi Arabia and Russia extended their voluntary …