The European benchmark index fell on Thursday after a three-month rise as optimism about the peak of monetary tightening and an eventual interest rate cut faded. The European STOXX 600 index fell 0.2 percent by 0810 GMT, after increasing 2.5 percent over the past three days and recording its highest …

Gold prices rose on Thursday, supported by expectations that the Federal Reserve has reached the end of its monetary tightening cycle, but a stronger dollar limited gains. Gold rose in spot transactions 0.1 percent to $1,961.81 per ounce by 0315 GMT, while US gold futures settled at $1,964.60. Matt Simpson, …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar has been making positive strides to uphold its stability above the support level of 1.3680 for two consecutive sessions. The pair’s intraday movements maintain proximity to its highest level during this morning’s trading session at 1.3705. From a technical analysis standpoint, examining the 4-hour chart reveals that …

japanese-yen

Oil, Crude, trading

Futures prices experienced a significant downturn during the previous trading session, aligning with a negative forecast as we anticipated in our previous report. The decline surpassed the official targets of 77.55 and 76.65, reaching its lowest level in the early trading hours of the current session at $75.92 per barrel. …

In our previous technical report, we maintained intraday neutrality due to conflicting technical signals, explaining that we were awaiting a clearer directional signal to achieve a high-quality deal. Accordingly, gold movements showed stability above the lower limit of 1955 and below the upper limit of 1977. From a technical analysis …

The Euro/Dollar pair experienced a predominance of negative trades in the prior trading session, as it hit its zenith at 1.0886, but encountered resistance at this level that effectively curtailed its upward trajectory. As we outlined in our previous technical report, a one-hour candle closing below 1.0860 could exert downward …