Oil, Crude, trading

Oil, Crude, trading

The technical outlook for the pair remains largely unchanged, with movements showing continued negative stability following strong resistance levels around 1.3770. In terms of technical analysis today, a closer examination of the 4-hour timeframe chart reveals the emergence of a resistance level around 1.3770 formed by the simple moving average, …

japanese-yen

Oil, Crude, trading

US crude oil futures prices experienced substantial gains during the initial trading sessions of the week, approaching the official target of 78.30 and reaching its highest level at $78.42 per barrel. From a technical perspective, prices encountered a robust resistance level around 78.40, prompting a consolidation below the psychological barrier …

Gold prices have achieved positive stability above the main support floor mentioned in the previous technical report, positioned at the price of 1977. This led to a notable upward rebound, reaching the initial target of 1990 and recording its highest level at $1993 per ounce during the morning trading of …

The euro exhibited a positive surge against the US dollar, in line with our expectations, reaching the official target station outlined in the previous technical report at the price of 1.0970. The currency pair recorded its highest level during the early trading of today’s session at 1.0964. From a technical …

The head of the Japan Petroleum Industry Association said on Monday that he expects OPEC+ to extend supply cuts beyond December to support oil prices. Three OPEC+ sources told Reuters that the alliance is scheduled to study whether to impose additional oil cuts when it meets on November 26, after …

European stocks stabilized on Monday after a strong weekly performance that was driven by increased bets on lowering interest rates, while a decline in the health care sector erased gains in energy sector stocks. There was no significant change in the European STOXX 600 index by 0810 GMT, after it …