Oil, Crude, trading

A noticeable bullish rebound in the prices of US crude oil futures contracts, after it succeeded in touching the bearish target required to be achieved during the previous report at 67.70, to witness the current movements seeing an upward trend, as oil prices hover around the psychological barrier of $69.00. …

Gold prices suffered heavy losses, as we expected during the previous technical report, touching the official target station at 1913, explaining that breaking it constitutes a negative pressure factor, so that the door is open towards 1887, recording its lowest level during the morning trading of today’s session, $1902 per …

Negative trading dominated the movements of the euro-dollar pair during the previous session’s trading, after it failed to breach the strong resistance level at 1.0940, Technically, when looking at the 240-minute chart today, we find that the simple moving averages have returned to pressure the price from above. The 50-day …

Gold prices remained near their lowest levels in nearly four months on Thursday after Federal Reserve Chairman Jerome Powell left the door open to raising interest rates again with the aim of curbing inflation. Spot gold rose 0.25 percent to $1,912.19 an ounce by 0123 GMT. On Wednesday, the precious …

Jerome Powell, Chairman of the Federal Reserve System (Fed), and Christine Lagarde, President of the European Central Bank (ECB), are presenting at the ECB Forum on Central Banking in 2023. Along with Powell and Lagarde, Bank of England Governor (BoE) Andrew Bailey and Bank of Japan Governor (BoJ) Kazuo Ueda …

European stocks rose on Tuesday, supported by gains in the mining sector after hopes stemming from an upbeat outlook for the Chinese economy sent metals prices higher, while JD Sports shares fell even after the British sportswear retailer maintained its earnings forecast. The pan-European Stoxx 600 index rose 0.5 percent …

Oil prices fell on Tuesday ahead of data that will shed light on Americans’ appetite for fuel during the summer driving season, with the price structure of benchmark Brent crude signaling that the bulls are retreating. And by 0916 GMT, Brent crude futures fell 41 cents, or 0.6 percent, to …

Japan’s Nikkei index recorded its longest losing streak this year on Tuesday, with shares of many of the country’s biggest technology companies falling, trailing their US counterparts at the end of Monday’s trading. Despite the continued dominance of profit-taking sales after the Nikkei index reached a peak of 33 years …

Oil, Crude, trading