The dollar is set to end a six-week winning streak against major currencies on Friday, with the approaching release of an important monthly report on jobs in the United States that is likely to determine the course of the Federal Reserve’s policy in the coming months. The dollar fell to …

European stocks stabilized on Friday, with the support provided by energy and mining companies offsetting the impact of pressures from the weak performance of German copper producer Aurobis after a profit warning, and Volkswagen after a downgrade in the stock’s recommendation. By 0711 GMT, the European STOXX 600 index settled …

The Japanese Topix index ended trading on Friday at the highest level in 33 years, as it achieved significant gains as investors sought to seize profitable deals and acquire undervalued shares, while the gains were led by Sony Group shares and financial sector shares. Topix rose 0.76 percent to 2,349.75 …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar achieved the first bearish target required to be touched during the previous technical report at 1.500, recording its lowest level at 1.3490. Technically, by looking at the 4-hour chart, we find the simple moving averages continuing to exert negative pressure on the pair, in addition to trading …

japanese-yen

Oil, Crude, trading

US crude oil witnessed a strong rise in futures prices within a positive outlook, as we expected, touching the official target of the previous technical report at 83.20, recording its highest level during early trading of the current session, $83.80 per barrel. Technically, we find the price stable momentarily above …

Gold prices found it difficult to break the pivotal resistance level published in the previous report at 1945, in which we explained how important it is to the current trading levels, to force gold prices to retest 1938. Technically, the 50-day simple moving average still protects the price, and we …