As we expected, US crude oil futures prices achieved noticeable gains, touching the official target price station during the last analysis at 94.00, recording its highest level of 94.19. Technically, the positive motive from the simple moving averages supports the continuation of the rise, which comes in conjunction with the …

We adhered to intraday neutrality during the previous session, explaining the importance of the current trading levels, in addition to the conflict in the, explaining that the continuation of gold prices above the recorded bottom $1727 increases the probability of touching $1472 and $1755 respectively, to touch the required target, …

The EUR/USD pair found a strong resistance level at 1.0015, that mentioned in the previous analysis, explaining that it represents one of the most important keys to the current bearish trend, which forced it to trade negatively again. Technically, the pair is currently hovering around the 0.9945 level, accompanied by …

A total of 33 cargo ships loaded with 719,549 tons of food have left Ukraine under the deal brokered by the United Nations and Turkey to open Ukrainian seaports, Ukraine’s agriculture ministry said on Tuesday. The Joint Coordination Center in Turkey, which monitors the agreement’s implementation, estimated the total amount …

OPEC stands ready to cut output to correct a recent oil price decline driven by poor futures market liquidity and macro-economic fears, ignoring extremely tight physical crude supply, OPEC’s leader Saudi Arabia said on Monday. Saudi state news agency SPA cited Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman as …

Data from operators of natural gas pipelines from Russia to Europe indicate that gas flows will stabilize on Tuesday at their low levels. And the Bloomberg news agency reported that data from the operating company of Nord Stream 1, the main gas pipeline from Russia to Germany via the Baltic …

Results from the latest survey released on Tuesday by the Confederation of British Industry (CBI) of trends in British manufacturing showed that the Manufacturing Order Book Balance dropped to -7 in August from +8 in July. This reading missed Reuters’ estimate of +3 and it was the first negative reading …

The euro fell to its lowest level in 20 years on Tuesday as Europe’s concerns about energy supplies and economic growth worsened, while the dollar rose against major currencies, supported by inflows in the currency, which is considered a safe haven. The euro reached 0.9909 dollars, the lowest level since …

European shares extended losses on Tuesday as investors awaited an important batch of economic data to gauge the strength of companies in a hyperinflationary environment while rising energy prices and a weak economic outlook prevailed. The pan-European Stoxx 600 index fell for a third straight session and fell 0.2 percent, …

Japan’s Nikkei fell for a fourth straight session Tuesday, August 23, tracking Wall Street, which posted losses overnight, ahead of the Federal Reserve’s symposium later this week, while airline and retail shares jumped on news of a possible loosening of border controls to control China. COVID-19. The Nikkei fell 1.19% …