The price of gold fell on Friday, due to the impact of the rise in the dollar and US Treasury bond yields on the demand for the precious metal priced in the US currency, and prices are heading for the largest weekly decline since mid-May. And gold fell in spot …

Japan’s Nikkei on Friday posted its biggest weekly drop in more than two years, tracking Wall Street’s decline, even as the Bank of Japan kept massive stimulus. The Nikkei index closed down 1.77 percent at 25,963 points, its lowest closing level since May 12, after falling by 2.7 percent earlier …

Oil, Crude, trading

The British pound reached the official target at 164.65, surpassing the target to record its highest level of 165.75. Technically, we tend to the positivity, relying on the pair’s success in stabilizing above 163.65, accompanied by obtaining a positive stimulus from the 50-day simple moving average, which returned to hold …

Positive attempts by the Canadian dollar to maintain positive stability after it built a strong support level at 1.2885 within a gradual ascent to the upside. Technically, we tend to the positivity, relying on the positive motive coming from the 50-day simple moving average, which continues to hold the price …

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis due to the conflict of technical signals, explaining that activating the buying positions requires coherence above 1842, which enhances the possibility of touching 1846 and 1850, respectively, and extends the targets to visit 1860 so that gold reaches its highest level …

The previous trading session witnessed the performance of the single European currency, which achieved a noticeable rise to reflect the expected negative outlook during the last analysis, in which we relied on the stability of trading below the pivotal resistance level of 1.0500 and, most importantly 1.0550. We indicated during …

After the US unemployment data today recorded negative results compared to what analysts expected, recording a decrease of 3000 last week, the market risk appetite was affected. Risk appetite increased on the US dollar during today’s trading after the Federal Reserve’s interest statement yesterday, which announced the US Central Bank …

Oil prices pared earlier gains and fell on Thursday, after a day of sharp declines caused by US interest rate hikes, but the attention was still focused on the supply shortage. Brent crude futures fell 45 cents, or 0.4 percent, to $118.06 a barrel, while West Texas Intermediate crude futures …