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Oil, Crude, trading
Read More »German Dax returns to gains 20/4/2022
Dow Jones touches goals 20/4/2022
Oil, Crude, trading
Read More »CAD Waiting for signal 20/4/2022
Positive attempts for the Canadian dollar continue but are still limited to finding a good demand area around the level published in the previous analysis at 1.2570, and the pair is still stable above it so far. Technically, we find the 50-day moving average still holding the price from below …
Read More »The pound maintains negative stability 20/4/2022
Oil, Crude, trading
Read More »Gold is finding it difficult to keep rising 20/4/2022
Gold prices were able to retest the support published in the previous analysis, explaining that trading below 1959 forces the price to activate the selling scenario to visit our 1956 and 1950 targets, respectively, for gold to record its lowest level in 1943. Technically, and by looking at the 4-hour …
Read More »The euro to determine the next price destination 20/4/2022
The euro’s movements against the US dollar did not witness much change, but it found a good support floor around the demand level of 1.0770. Technically, and by looking at the 4-hour chart, we notice the continuation of movement below the resistance of the descending price channel at 1.0840/1.0830. This …
Read More »US: Housing starts rise by 0.3% in March, Building Permits rise by 0.4%
Housing Starts rose by 0.3% in March, taking the rolling 12-month number of starts to 1.793M, above expectations for a drop to 1.745M from 1.788M in February, data released by the US Census Bureau on Tuesday showed. Meanwhile, Building Permits rose by 0.4%, taking the rolling 12-month number of permits …
Read More »The dollar stabilizes after hitting a 20-year high against the yen
On Tuesday, the dollar rose to a 20-year high against the Japanese yen, and touched a two-year peak against the euro, boosted by rising US Treasury yields. The dollar index, which measures the performance of the US currency against six other currencies, rose to exceed 101 for the first time …
Read More »European stocks fall on the Ukraine crisis
European shares are set to record their worst daily performance in nearly two weeks on Tuesday, as investors jittery over the war in Ukraine, expectations of a US Federal Reserve monetary policy tightening and mixed business results. The pan-European Stoxx 600 index fell 1 percent, after falling 0.9 percent last …
Read More »OPEC+ supply gap widens in March as sanctions hit Russia’s production
A report from the OPEC + group seen by Reuters showed that the production of the alliance of oil producers was less than production targets in March by 1.45 million barrels per day, with the beginning of a decline in Russia’s production after the sanctions imposed by the West. The …
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