Gold prices rose on Tuesday as the dollar weakened, as traders await Federal Reserve Chairman Jerome Powell’s speech due later on Tuesday for hints about future interest rate hikes after strong economic data last week. And by 0730 GMT, spot gold rose 0.4 percent to $ 1874.34 an ounce, after …

European stocks witnessed stability during trading on Tuesday, at a time when the prospects for the continuation of the cycle of raising interest rates around the world continue to undermine sentiment, while the oil giant BP led the energy sector to rise. The Stoxx 600 index of European stocks settled …

The Reserve Bank of Australia (RBA) board members decided to raise its official cash rate (OCR) by another 25 basis points (bps) from 3.10% to 3.35%, as widely expected, when they met at their February 7 monetary policy meeting, the first of this year. According to the latest Reuters poll, …

Japan’s Nikkei trimmed its gains to close lower on Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s speech, but a slew of corporate earnings left the market directionless. The Nikkei index fell 0.03 percent to close at 27,685.47 points, and cut the fourth consecutive winning session, after trading remained …

Oil, Crude, trading

The positive performance of the Canadian dollar during the first trading of this week within the expected bullish path during the previous technical report, touching the first target at 1.3475, to record its highest level at 1.3475. Technically, the continuation of the simple moving averages provides a positive motive that …

Oil, Crude, trading

US crude oil futures prices reversed the expected bearish trend published during the previous analysis after prices managed to build on the support of the psychological barrier of 73.00. Technically, the 50-day simple moving average still constitutes an obstacle in front of the price. But, on the other hand, we …

Gold prices collided with the previously broken support level, which was transformed into the de facto resistance level at 1880, limiting the limited bullish tendency to force gold to decline again and retest 1862. Technically, we tend in our trading to be negative, relying on the stability of the price …

Negative trades dominated the movements of the euro-dollar during the first trading sessions of this week, within the expected negative outlook during the previous analysis, touching the official target station 1.0740, recording its lowest level at 1.0709. On the technical side today, by looking at the 240-minute chart, we find …