Japan’s Nikkei index rose to its highest level in more than three decades on Monday before changing course and closing lower as investors remained wary of the index’s recent significant gains. The Nikkei fell 0.59 percent to 33,388.03 points at the close, after earlier rising to its highest level since …

Oil futures rose on Monday, continuing their gains based on expectations that the OPEC+ group will reduce supplies further to support prices that have been declining for four weeks due to waning fears of disruption to Middle East supplies due to the war between Israel and the Palestinian Hamas movement. …

Oil, Crude, trading

Oil, Crude, trading

The British pound made a significant leap, registering substantial gains against the US dollar by successfully breaching the psychological barrier resistance at 1.2400 and initiating an assault on the crucial resistance level of 1.2465. From a technical perspective today, a positive trading outlook is favored, contingent on the intraday stability …

japanese-yen

Oil, Crude, trading

There was a notable surge in the prices of US crude oil futures contracts in the recent trading session, effectively nullifying the previously anticipated bearish scenario that relied on trading stability below the 73.70 resistance level at the time of the report’s issuance. As a reminder, it was previously mentioned …

Gold exhibited an upward trend during the recent trading session, aligning with the anticipated upward trajectory and nearing the initial target set at the price of 1997. The precious metal recorded its highest point at $1993 per ounce. Examining the technical aspects today, a closer look at the 4-hour timeframe …

The Euro gained ground against the US dollar in the final trading sessions of last week, successfully consolidating above the critical resistance level of 1.0870. This consolidation serves as a compelling factor, effectively halting the anticipated downward trend. Consequently, the pair is poised to resume its upward trajectory, setting targets …