The Canadian dollar declined significantly within the negative outlook, as we expected, touching the first target to be achieved during the previous report, located at 1.3130, recording its lowest level during the morning trading of the current session at 1.3118. From a technical point of view, today we tend to …

Oil, Crude, trading

We remained neutral during the previous technical report due to a conflict between the technical signals to find that oil prices did not witness noticeable movements in the last session within a narrow sideways path, and the current movements witness stability around $69.70 per barrel. Technically, the contradiction between the …

Gold prices continue the gradual decline to the downside within the bearish context, as we expected, to witness the current movement’s stability below the sub-resistance level of 1933. On the technical side today, and with a closer look at the 240-minute chart, we find that the simple moving averages still …

Quiet trading dominated the movements of the euro-dollar pair during the first trading of this week, and it did not show any major movements, maintaining positive stability above 1.0860. From the point of view of technical analysis today, and by looking at the 4-hour chart, we find that there are …

The dollar maintained its gains against other major currencies on Tuesday, amid great tension in Russia and traders’ anticipation of US data that may determine the timing of interest rate hikes. Russia witnessed at the beginning of the week a failed rebellion, a crisis that pushed the dollar to a …

Oil prices rose on Tuesday for the second consecutive session, as worries about political instability in Russia and possible supply disruptions outweighed concerns about global demand. Brent crude futures rose six cents to $74.24 a barrel, while US West Texas Intermediate crude futures rose ten cents to $69.47 a barrel. …

Oil prices fell on Monday after Russia’s private military group Wagner revolted at the weekend, although political instability did not appear to pose an immediate threat to oil supplies from one of the world’s top producers. And by 0900 GMT, Brent crude futures fell eight cents, or 0.1 percent, to …

European stocks fell on Monday as a sharp decline in financial stocks offset gains in the energy sector due to concerns about political instability in Russia, a major oil producer. The pan-European STOXX 600 was down 0.3% by 0717 GMT, after posting its biggest weekly percentage loss in three months …

The dollar fell on Monday before getting some safe-haven support as concerns persisted that the prolonged monetary tightening policy pursued by major central banks could further damage the global economic outlook. Recent events in Russia also kept investors on guard, but the reaction in the currency market was muted as …