Oil, Crude, trading

Negative trading dominated the movements of the Canadian dollar yesterday within the expected bearish path during the previous technical report, approaching by a few points the required target at 1.3320, recording its lowest level at 1.3340. Technically, looking at the 4-hour chart, we find attempts by Stochastic to obtain positive …

Oil, Crude, trading

Positive movements dominated the prices of US crude oil futures contracts within the expected bullish track yesterday, touching the first bullish target to be achieved during the last report at 82.10, and approaching a few points away from the main target of 82.80, only to record its highest level at …

Gold prices moved in both the bullish and bearish paths during the first trading of this week, to witness a bearish tendency during the middle of the European trading session after it sneaked below 1920, explaining that the infiltration below it led the price directly to retest 1912, recording its …

The Eurodollar pair continues its efforts to maintain the bullish context within a gradually ascending path to the upside, as we expected during the previous report, approaching the official target of 1.0940, recording its highest level at 1.0926. On the technical side today, we maintain the same technical conditions of …

On Monday, the euro reached a nine-month high against the dollar, as comments indicating the European Central Bank’s intention to raise interest rates by large rates were met by market expectations of a less hawkish approach by the Federal Reserve. The euro reached $1.0927, surpassing a recent peak at $1.08875, …

Gold prices fell on Monday, as investors await US economic data this week that may affect the Federal Reserve’s policy in the future, but the decline in the dollar limited the losses of the yellow metal. The spot gold price fell 0.2 percent to $1922.58 an ounce by 0914 GMT. …

European stocks rose on Monday, supported by technology and real estate companies, as expectations that the euro zone will witness a slight recession erased the impact of the hawkish statements of European Central officials that pushed the euro to its highest level in nine months. The pan-European Stoxx 600 index …

Gold prices initially rose in Asian markets on Monday, supported by a weaker dollar and prospects for the Federal Reserve to slow down interest rate hikes. And the price of gold rose 0.1 percent to 1929.04 dollars an ounce at 0014 GMT. There was little change in US gold futures …