Oil, Crude, trading

Gold prices approached the bearish target published during the previous analysis at 1780, to settle for its lowest price at 1786, to find a support floor there around the mentioned level, which forced it to retest the 1823 resistance level, recording its highest level during the early trading of the …

Quiet movements that tended to the upside dominated the euro against the US dollar, with the opening of the first trading sessions of this week to retest the 1.0460 resistance level. Technically, despite the bullish bias, we tend to the negativity, relying on trading stability below 1.0460, the strong supply …

US Retail Sales rose at a pace of 0.9% MoM in April, in line with the expected pace of 0.9% but slower versus the previous month’s 1.4% MoM pace of gain (which had been revised up from 0.7%), data released by the US Census Bureau on Tuesday revealed. YoY, sales …

Russia’s average production of oil and gas condensate increased by about 1.7 percent on a monthly basis to 1.4 million tons per day (10.25 million barrels per day) in the first half of May, Interfax news agency reported, citing a source. It also said that Russian oil exports – excluding …

On Monday, gold prices fell more than one percent to their lowest levels since late January, as the dollar’s strength continued to affect demand for the yellow metal, which is denominated in the US currency. And gold fell in spot transactions 0.8 percent to $ 1797.82 an ounce (an ounce) …

European shares opened lower on Monday, with French shares down nearly 1 percent, after weak economic data from China fueled fears of a global recession. The pan-European Stoxx 600 index fell 0.6 percent by 0715 GMT, after posting its first weekly gain in five weeks on Friday. China’s April retail …

The dollar rose at the start of the week to a level just under a 20-year high against other major currencies on Monday as investors sought safe havens due to concerns about global growth while cryptocurrency markets appeared to have found some stability after last week’s turmoil. The dollar index …

Oil, Crude, trading

The British pound activated the temporary bullish scenario during the analysis issued last Friday, touching the required target at 159.10, and recording the highest level at 159.24. On the technical side, the overbought started appearing on the stochastic 4-hour time frame. The intraday stability was below 158.80 and in general, …