There, gold prices found a strong resistance level at 1680, as we mentioned during the last analysis, which forced gold to return to the downside path within the mentioned context, touching the first target of 1663, recording its lowest level at $1660 per ounce. On the technical side, the simple …

We adhered to intraday neutrality during the previous technical report due to a conflict between the technical signals, explaining that we are monitoring the price behavior of the pair. We indicated that the euro is facing a strong resistance level around 1.0050, and activating the bearish trend requires that we …

The Bank of England (BoE) will have its monetary policy decision. Accord points to a 50 bps rate hike, but a 75 bps is not ruled out.However, analysts at Danske Bank expect fewer hikes than priced in markets as they emphasize the rising recession risk in the UK. On Thursday, …

Gold prices fell on Tuesday, September 20, under pressure from the stability of the dollar and the rise in US bond yields, at a time when the US Federal Reserve is preparing to announce a major interest rate hike to curb inflation. And gold fell in spot transactions by 0.4% …

Oil prices have advanced slightly amid higher volatile trading on Monday, as worries of tight supplies outweighed fears of global economic slowdown and likely large increases to interest rates.Brent crude for November rose 65 cents, or 0.7%, to $90.6 a barrel, while US West Texas Intermediate (WTI) for October was …

Operational data showed Russian gas supplies to Europe through Ukraine were stable on Tuesday morning, while gas flow through the Nord Stream 1 pipeline remained at zero. Ukraine’s transport system data showed that Russian gas flows to Slovakia from Ukraine through the Veleke Kapusani border point amounted to 36.9 million …

European shares rose at the open on Tuesday on the back of a rally in banking shares as investors prepared for the release of the results of the US Federal Reserve’s two-day monetary policy meeting. The pan-European Stoxx 600 index advanced 0.8% after a weak start to the week. European …

Japanese stocks posted slight gains on Tuesday as investors awaited the outcome of this week’s meetings of the Federal Reserve and the Bank of Japan, as the two banks are expected to reinforce their hawkish policies to tackle inflation. With the markets resuming trading after a national holiday, the Nikkei …

Oil, Crude, trading

The Canadian dollar achieved the first ascending target published during the latest analysis, at 1.3325, to record the highest level at 1.3344. From the angle of technical analysis today, the Canadian dollar found a strong resistance level around the target level yesterday at 1.3325, which forced it to trade negatively …