Narrow sideways trading dominated the movements of the EUR/USD pair within a bullish path to retest the strong resistance level published during the previous analysis at 1.0920, unable to be breached until now. On the technical side today, the pair’s movements did not show any significant change, and by looking …

Investor caution ahead of the release of significant inflation data and the minutes from the most recent Federal Reserve meeting is expected to prevent U.S. stocks from opening Tuesday’s trading session slightly higher. At 11:00 GMT, the Nasdaq 100 futures were up 20 points, or 0.2%, the S&P 500 futures …

On Tuesday, traders shifted their focus to U.S. inflation data due on Wednesday in search of clues as to how near U.S. rates are to peaking, and the dollar gave back the gains made the day before against the euro and the pound. As most European markets opened following the …

European stocks rose on Tuesday as investors returned from a long weekend to face a week full of important economic data that is expected to provide more clues about the path of interest rates globally. The pan-European Stoxx 600 rose 0.5 percent, with mining and auto stocks leading the gains, …

Japanese stocks rose for the third consecutive session on Tuesday after moderate comments from the Governor of the New Bank of Japan, as well as strong economic indicators from the United States that boosted investor confidence. The Nikkei index rose 1.05 percent to close at 27,923.37 points, its highest daily …

Oil prices rose on Tuesday as market participants assessed the OPEC+ decision to cut production, which would reduce supplies in the market, against concerns about raising interest rates, which is likely to hurt demand. Investors are awaiting this week a group of reports about inflation, supply and demand in the …

Oil, Crude, trading

After attempts to rise, the Canadian dollar found a strong resistance level of around 1.3550 to find the resistance above. It started to form negative pressure on the price within a sideways path it cannot breach until now. Technically, we find the Canadian dollar stable above the floor of support …

Oil, Crude, trading

We remained neutral during the last technical report due to conflicting technical signals, explaining that risks are still high amid diverging technical indicators. As a reminder, we indicated that the price’s decline below 80.00 leads oil prices to visit 79.65, recording the lowest 79.66. Technically, we tend to be negative …