Oil prices rose on Friday amid expectations of lower Russian crude exports from the Baltic region this month, alleviating fears that a severe winter storm in the United States could wipe out holiday fuel demand growth. And by 0148 GMT, Brent crude rose 88 cents, or 1.1 percent, to $ …

European stocks were stable on Friday, as gains in health care stocks offset the decline in some luxury goods and technology stocks. The STOXX 600 was down 0.03% by 0810 GMT, but was set to gain 0.6% in the last week before Christmas, after two straight weeks of losses. The …

Gold prices moved in a narrow range on Friday in thin trade as cautious traders await economic data due later in the day to assess the Federal Reserve’s stance on an interest rate hike. By 0238 GMT, gold was stable at $1,792.80 an ounce. US gold futures rose 0.4 percent …

Japan’s Nikkei closed lower on Friday, posting its biggest weekly drop since mid-June, and chip-related stocks led Friday’s declines, trailing their Wall Street counterparts on Thursday. Shipping stocks and other economically sensitive stocks also plunged amid fears that the Federal Reserve and other major central banks will continue to tighten …

Oil, Crude, trading

The Canadian dollar declined during the previous trading session after it broke the bullish channel’s support and is now hovering around its lowest level during the early trading of the current session, 1.3620. Technically, looking carefully at the 240-minute chart, we find negativity still dominating the stochastic indicator, stimulated by …

Oil, Crude, trading

Positive trading dominated the prices of US crude oil futures contracts yesterday, achieving remarkable gains, reaching $79.87 per barrel. Technically, by looking at the 4-hour chart, the price continued to receive a positive sign from the simple moving averages that support the daily bullish price curve, in conjunction with the …

Gold prices witnessed a bearish trend during the previous trading session, after it succeeded in touching the official target of the bullish wave around 1824, which formed a strong supply level that forced the price to decline, recording its lowest level of $1792 per ounce. On the technical side, today, …

The Eurodollar pair’s attempts maintain the bullish context, trying to breach the strong resistance level at 1.0660, after it succeeded in building on the support 1.0570/10.580. Technically, and by looking closely at the 240-minute chart, the simple moving averages are trying to pressure the price from above. On the other …