Eurozone’s Retail Sales rose by 0.4% MoM in September versus 0.4% expected and 0% last, the official figures released by Eurostat showed on Tuesday. On an annualized basis, the bloc’s Retail Sales came in at -0.6% in September versus -1.4% recorded in August and -1.3% consensus forecast. EURUSD comes under …

European shares opened lower on Tuesday, with miners leading the decline amid fears of slowing demand in China and investors being cautious ahead of the US midterm elections that will determine who will have control of Congress. The Stoxx 600 index was down 0.4 percent by 0808 GMT. The European …

Oil prices fell on Tuesday, as fears of a recession and the worsening outbreak of the Coronavirus in China raised expectations of lower demand for fuel, outweighing concerns about supplies. Brent crude fell 23 cents, or 0.2 percent, to $ 97.69 a barrel by 0726 GMT, while US West Texas …

Oil, Crude, trading

The Canadian dollar declined noticeably yesterday within the expected bearish context, only to reach its lowest level during the last session’s trading around 1.3465. Technically, we are inclined in our trading to the negativity, relying on the continuation of the effect of the bearish technical structure shown on the 4-hour …

Oil, Crude, trading

As we expected, US crude oil futures prices jumped at the beginning of this week’s trading within the positive outlook, touching the official target of the previous technical report at 93.60, recording the highest level at 93.74. Technically, the stochastic has started to provide negative crossover signals, and this comes …

Gold prices did not show strong movements during the last session’s trading after the big gains it achieved last Friday, reaching the level of $1681 per ounce. Technically, we find gold retesting the previously breached resistance and turning it to a support level around 1666, which is still stable above …

The euro traded with noticeable positivity against the US dollar in the opening of the first trading sessions of this week within the bullish context, as we expected during the previous analysis, touching the second target at the price of 1.0030, recording its highest level at 1.0034. Technically, and looking …

The dollar fell on Monday against the euro and the British pound, amid an improved appetite for riskier assets and a rally in the European stock market. Monday’s survey showed investor sentiment in the eurozone improved in November for the first time in three months, reflecting hopes that a recent …