The dollar rose today, Tuesday, with the decline in demand witnessed last week for currencies that involve more risks than others, while the Australian dollar fell after the Reserve Bank of Australia raised interest rates, but modified its outlook, which strengthened expectations that the cycle of raising interest rates has …

Japan’s Nikkei index fell by more than one percent on Tuesday, ending a four-session winning streak, as investors sold stocks to take profits after recording significant rises, while a rise in US Treasury yields last night led to a shift in sentiment. The Nikkei index closed down 1.34 percent to …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar finds itself under negative pressure as market conditions persist. Analyzing the technical aspects, we observe a consistent downward trend on the 4-hour chart, with the simple moving averages exerting consistent pressure on the currency from above. Additionally, the Relative Strength Index signals negative trends. As long as …

japanese-yen

Oil, Crude, trading

The US crude oil futures market faces a challenging scenario as prices grapple with pivotal resistance levels. Failure to close above the significant barrier at $82.00 has led oil prices into the expected downward trajectory, with early trading today witnessing a dip to as low as $80.40 per barrel. Examining …

In gold trading, conflicting technical signals have left analysts in a state of neutrality. The pivotal moment for traders hinges on the breach of the robust support floor at $1977 per ounce. Current market dynamics find gold prices hovering near their lowest point during the early stages of the trading …

The EUR/USD pair displayed positive momentum during the initial trading sessions this week, nearing the first target of 1.0760 and reaching a high of 1.0757. Examining the 4-hour time frame chart from a technical perspective, the pair encountered robust resistance around 1.0760, marked by the 38.20% Fibonacci retracement level. Intraday …