Oil, Crude, trading

Oil, Crude, trading

The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining the expected bearish path, stable below the 1.3650 resistance level. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on the simple moving averages to return to pressuring …

japanese-yen

Oil, Crude, trading

US crude oil futures prices declined to be able to cover the rising price gap, as we expected, touching the official targets required to be achieved at 83.75, recording its lowest level at $82.82 per barrel. Technically, with a closer look at the 240-minute time frame chart, we notice continued …

Gold prices witnessed a gradual, quiet rise to the top within the expected positive outlook, touching the first official target required to be achieved during the previous analysis at 1874, recording its highest level during the early trading of the current session, $1878 per ounce. Technically, we are leaning toward …

The EUR/USD pair obtained positive signals during the previous trading session, touching the first target achieved in the last report at the price of 1.0640, recording its highest level of 1.0635. On the technical side today, by looking at the 4-hour chart, we find that the simple moving averages still …

US Treasury Secretary Janet Yellen said on Wednesday that the ceiling imposed by the Group of Seven major industrialized countries on Russian oil prices led to a sharp decline in Russia’s revenues over the past 10 months. She added in statements prepared for a press conference on the sidelines of …

The Kremlin said on Wednesday that it is difficult to underestimate the importance of coordination between Russia, Saudi Arabia and other partners on global oil markets amid the escalation of the conflict between Israel and the Palestinian Islamic Resistance Movement (Hamas). Kremlin spokesman Dmitry Peskov added to reporters in a …