Crude oil prices moved in a narrow range on Tuesday, as expectations about the future of demand were affected by a weekly survey that showed shrinking factory activity in China and the International Monetary Fund’s warning that the global economy will face a difficult year. Brent crude futures recovered from …

European stocks rose on Monday in the first trading sessions of 2023, as eurozone manufacturing data indicated that the worst had passed after a year marred by fears of a recession as central banks around the world raised interest rates. The STOXX 600 rose 1 percent, supported by the stocks …

Oil, Crude, trading

The Canadian dollar declined significantly at the end of last week’s trading as part of a gradual decline towards the target achieved during the previous session, 1.3500, to record its lowest level at 1.3524. Technically, and by looking closely at the 4-hour chart, we find that the simple moving averages …

Oil, Crude, trading

Positive attempts for US crude oil futures prices within the expected bullish path to touch the first target mentioned in the previous technical report, at 80.50, recording its highest level of $80.67 per barrel. Technically, by looking at the 4-hour chart, the simple moving averages support the possibility of an …

Gold prices opened their first annual transactions with a noticeable increase within the expected upward path during the last report. As a result, we targeted the 1824 level, recording its highest level during the morning trading of today’s session at 1848. Technicals indicate the possibility of resuming the upward path, …

Quiet trades tended to positively dominate the movements of the EUR/USD pair to start attacking the resistance level of the psychological barrier 1.0700, which still an obstacle in front of the pair. Technically, by looking at the 240-minute chart, we find the 50-day simple moving average still carries the price …

European stocks rose in the first trading session of 2023 on Monday, after a difficult year marred by fears of a recession sparked by global central banks’ hike in interest rates and the Russia-Ukraine war. The pan-European Stoxx 600 index was up 0.5 percent at 0810 GMT, supported by interest …

The British government announced the termination of all gas contracts with the Russian government, and the British Foreign Office indicated that the decision comes to undermine the Russian war in Ukraine. The United Kingdom’s Foreign, Commonwealth and Development Office announced that it had ended all imports of Russian liquefied natural …