US crude oil futures prices declined, recording $76.30 per barrel within the strong selling wave that the markets were exposed to at the end of last week’s trading. Technically, trading stability below 78.00 supports the possibility of a drop, in addition to the negative crossover of the simple moving averages …

Gold prices continue to achieve losses against the aggressive rise of the US dollar, recording its lowest level during the first trading of this week, $ 1621 per ounce. Today’s technical aspect indicates the possibility of resuming the bearish directional movement, adopting the criteria of dealing with descending price channels, …

The general bearish directional movement still dominates the movements of Euro against USD within weak bullish attempts that targeted a retest of 0.9700, and it returns to trading negatively again. On the technical side, with a closer look at the 240-minute chart, we find that the negative crossover of the …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets There was chaos in the currency markets, and we are talking now about the pound sterling at …

JPMorgan expected the price of Brent crude to rise again towards levels of $100 a barrel, with supply shrinking in the coming months. And the US bank said in a note last week that Brent crude will record levels of $ 101 a barrel in the fourth quarter and $ …

Citing calculations made by Tokyo money market brokerage firms, Reuters reported on Monday that Japan’s intervention in the foreign exchange market on September 22 is estimated to be around 3.6 trillion yen ($25 billion). Japan’s Ministry of Finance is expected to unveil the amount spent during the intervention on Friday. …

Brent crude fell below $85 a barrel Monday, September 26th, as recession fears weighed on the US dollar. Brent crude futures fell to around $84.53 early in the day, before recovering to trade around $85.25, and West Texas Intermediate crude futures also retreated from their lowest levels to trade around …

The pan-European STOXX 600 index fell for the third consecutive session on Monday on fears of an economic slowdown. However, Italian stocks gained after the victory of the right-wing coalition led by Georgia Meloni in the country’s general elections. The index fell 0.3 percent by 0713 GMT, extending its losses …

Japanese stocks closed lower on Monday as investors returned from a long weekend to markets affected by the Japanese authorities’ intervention to support the currency, the collapse of the British pound and increasing recession fears. The Nikkei index fell at close 2.66 percent to 26431.55 points, after falling to 26,424.60, …

Sterling fell to a record low on Monday as traders scrambled to sell it amid speculation that the new government’s economic plan in London would squeeze public finances to the limit. The sharp drop in sterling helped the dollar index, which measures the performance of the US currency against six …