The Canadian dollar maintained stability within the expected positive technical outlook, touching the official target required to be achieved at 1.3205, recording its highest level at 1.3200. Technically, we find the pair succeeded in forming a good support floor around 1.3120, trying intraday stability above the 1.3170 resistance level. Looking …

Oil, Crude, trading

US crude oil futures prices declined yesterday, nullifying the expected positive outlook, in which we depended on the stability of intraday trading above the 88.00 level, touching the stop-loss order published in the previous analysis at 87.80. We made it clear that breaking the mentioned level puts the oil price …

The prices of the yellow metal hit the strong resistance published in the previous analysis at 17260. we mentioned earlier that it is one of the most important keys to the trend; forcing to trade with clear negativity again. We noted that the decline below 1707 led the gold price …

Mixed trading dominated the movements of the euro against the US dollar, to witness a bearish tendency during the middle of the European session, after it succeeded in pressing the support level of 0.9900 to see a decline near 0.9875, taking advantage of the mentioned level that forced it to …

The Japanese yen, sensitive to interest rate moves, continued to decline on Tuesday, breaking the 142 barrier against the dollar, while the pound and the euro tried to recover from multi-year lows against the dollar the day before, but the euro failed to do so. The dollar rose 1.07 percent …

Russia’s Gazprom said on Tuesday it had signed an agreement to transfer payments for Russian gas supplies to China into yuan and rubles instead of dollars. Gazprom CEO Alexey Miller said allowing payments in Russian rubles and Chinese yuan would mutually benefit Gazprom and CNPC and set an example for …

Oil prices fell on Tuesday after a two-day rally, as concerns returned over weak demand and the possibility of raising interest rates, as crude gave up the support it got from the first cut in production targets announced by OPEC + since 2020. New closures to curb the outbreak of …

European shares rose on Tuesday, after a difficult start to the week as concerns about a looming energy crisis and recession weighed on risk appetite. The Stoxx 600 index rose 0.5%, moments after the start of trading, and is heading to recover from a loss of 0.6% in the previous …

Gold prices rose on Tuesday, as the pause in the dollar’s rally and the energy crisis in Europe prompted some investors to buy the safe-haven metal. And gold rose in spot transactions 0.5% to $ 1718.30 an ounce, by 0648 GMT. Prices rose earlier by about one percent to their …