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 …

Britain’s health workers began their biggest strike on Monday, as tens of thousands of nurses and paramedics went on strike amid an escalating row with the government over pay that will lead to further disruptions to the public health system. Nursing and ambulance workers have taken separate strikes since late …

The dollar held firm against the euro on Monday, with traders expecting the Federal Reserve to likely raise the benchmark interest rate above 5 percent and keep it at that level to rein in inflation, after data revealed that the labor market remains strong. The Turkish lira fell to a …

Eurozone’s Retail Sales dropped by 2.7% MoM in January versus -2.5% expected and 1.2% last, the official figures released by Eurostat showed on Monday. On an annualized basis, the bloc’s Retail Sales came in at -2.8% in January versus -2.5% recorded in December and -2.7% consensus forecast.