European shares rose on Tuesday, boosted by gains in commodity-related stocks and automakers after China eased quarantine restrictions related to COVID-19. The pan-European Stoxx 600 index rose 0.9 percent by 0714 GMT, rising for the third consecutive session, amid waning concerns about the central bank’s moves to tighten monetary policy …

Japan’s Nikkei rose and crossed the significant 27,000-point level for the first time in two weeks on Tuesday, boosted by a rise in energy stocks, though uncertainty over US interest rate hikes limited gains. The Nikkei rose 0.66 percent to close at 27,049.47 points, close to its highest level during …

Oil, Crude, trading

GBP/JPY fell significantly after it failed to maintain trading above the 167.00 level, targeting 165.13. On the technical side, today, the apparent negative features on the RSI and its stability below the mid-line 50, a technical factor that supports the decline, and this comes in conjunction with the pair’s stability …

Canadian Dollar witnessed Noticeable declines during the previous trading session within the expected bearish technical outlook, surpassing the first bearish target required to be touched at 1.2920, heading to visit the second target of 1.2885, recording its lowest level yesterday at 1.2855. Technically, we tend to the negativity, relying on …

Oil, Crude, trading

Limited sideways trading dominates gold price movements, maintaining the same technical conditions published during the last analysis. Technically, trading returned to the sideways range between 1820 and 1842, despite the negative pressure coming from the 50-day moving average, which is accompanied by the clear negative signs on the stochastic indicator. …

The single European currency continues to recover against the US dollar within the expected bullish path, approaching the first price target of 1.0630, to record its highest level during the last session’s trading of 1.0613. Technically, by looking at the 4-hour chart, we find the current intraday movements of the …

With the G7 Summit underway, a US official said on Monday that the G7 is close to setting a global price cap for Russian oil. According to Reuters. “To issue coordinated steps tomorrow to raise pressure on Russia.”“Targeting services for transporting Russian oil is a ‘promising avenue’.”“US will impose higher …

A Russian Kremlin spokesman has rejected accusations that Russia has defaulted on its foreign debt for the first time in more than a century. In a call with reporters, Kremlin spokesman Dmitry Peskov said that Russia had made bond payments due in May but had been blocked by Euroclear due …