Oil, Crude, trading

Positive trading continues to control the movements of the pound sterling against the Japanese yen, reaching the level of 166.22, maintaining positive stability. Technically, we are inclined to the positive, but cautiously, relying on a pivot above the 164.70 support floor, along with the pair obtaining a positive stimulus from …

The movements of the Canadian dollar witnessed several consecutive sessions of ascending to find the pair collided with the resistance level of the psychological barrier 1.3000, which pressures the current intraday movements to the downside. From the technical analysis point of view today, and with a closer look at the …

Oil, Crude, trading

Gold prices found a good support level around 1833 over several consecutive sessions, unable to break the mentioned level, trying to hold on to its ascending path, and it is now hovering around its highest level during the early morning trading of 1840. On the technical side, stochastic is trying …

Quiet trading tilted to the positivity that dominated the movements of the euro against the US dollar amid the absence of US markets yesterday to find the pair trying to establish a support floor around 1.0470, which forced it to rebound to the upside. Technically, the current moves are witnessing …

Oil prices stabilized on Monday, after struggling to recoup last week’s losses, as the market worked to balance tight supplies and fears of slowing global economic growth. Brent crude futures were down 38 cents, or 0.3 percent, at $112.74 a barrel. Brent prices fell 7.3% last week, the first weekly …

Citing monthly export data for the Joint Data Initiative “JODI”, the International Energy Forum said that Saudi Arabia’s crude exports in April rose to 7.38 million barrels per day from 7.235 million barrels per day in March. The forum indicated that the data highlights that global oil demand fell on …

The euro rose on Monday as markets focused on the European Central Bank’s anti-fragmentation tools in the eurozone, even as French President Emmanuel Macron lost an outright majority in legislative elections. The final results showed that Macron’s “Together” alliance obtained the largest number of votes in the National Assembly elections, …

Japan’s Nikkei closed at a more than five-week low on Monday as energy and chip-related shares led losses as investors struggled to find signs of market action due to a holiday in the United States. The Nikkei index fell 0.74 percent to 25,771.22 points, its lowest closing level since May …