Oil, Crude, trading

Mixed trading dominated the movements of the Canadian dollar within a bearish slant to the downside after finding a solid resistance level of around 1.3460 to end the previous session’s trading at 1.3372. Technically, and by looking closely at the 240-minute chart, we find that the simple moving average started …

Oil, Crude, trading

We remained neutral during the last analysis due to the high-risk rate and the conflicting technical signals. However, yesterday’s trading session witnessed attempts by oil prices to compensate for the previous losses, recording a high of 82.35. Technically, by looking at the 240-minute chart, we find the stochastic around the …

Negative pressure still dominates gold prices after it failed to maintain the intraday positive stability above 1746 level, within a gradual decline to the downside, recording its lowest level near the strong support level 1734. On the technical side today, the simple moving averages continue the negative pressure on the …

A downward trend dominated the movements of the Euro-dollar pair during the previous trading session within the expected downward track mentioned in the last report, approaching by a few points by the first target 1.0210, to suffice for recording its lowest level at 1.0222. Technically, and with a closer look …

On November 1 New Zealand house prices showed the first sign of strain, with their first annual fall in more than 11 years. Prices fell 0.6% from the previous year, and values fell for a 7th consecutive month. This is due to the affordability challenge for buyers either getting new …

Retail Sales in Canada declined by 0.5% on a monthly basis in September, the data published by Statistics Canada revealed on Tuesday. This reading followed August’s increase of 0.4% and came in slightly better than the market expectation for a decrease of 0.7%. Further details of the publication revealed that …

Official data showed on Tuesday that Turkey’s consumer confidence index rose 0.6 percent to 76.6 points in November, continuing its recovery from a record low of 63.4 in June, despite continued high inflation. The biggest improvement was in confidence in the expectations of the general economic situation during the next …

The price of the dollar stabilized on Tuesday after rising the previous day, as investors flock to the safe-haven currency in light of fears of an increase in Corona infections in China, while the Bitcoin currency is under pressure after fears related to the repercussions of the collapse of the …