Oil prices rose on Wednesday after Russia said peace talks with Ukraine had reached a dead end, fueling supply concerns, while weak economic data from China and Japan kept gains limited. By 0808 GMT, Brent crude rose 48 cents, or 0.5 percent, to $105.12 a barrel. West Texas Intermediate crude …
Read More »European shares fall for a third day, affected by fears of high inflation
European shares fell for the third session in a row on Wednesday, April 13, pressured by fears of rising inflation and its potential impact on the upcoming earnings season, which undermined risk appetite. The pan-European Stoxx6000 index fell 0.2%, retail and technology stocks fell, while the mining sector advanced. And …
Read More »Gold is rising as the demand for safe havens increases
Gold prices rose on Wednesday after fears of an escalation of the conflict between Russia and Ukraine boosted demand for safe-havens, including the precious metal, but gains were limited by the rise of the dollar. Spot transactions rose 0.2 percent to $ 1969.76 an ounce, after hitting a one-month high …
Read More »Nikkei records biggest increase in 3 weeks after US inflation data
Japan’s Nikkei index closed higher on Wednesday, posting the biggest increase in more than three weeks after the release of US inflation data that came largely in line with analyst expectations. The Nikkei ended the session up 1.93 percent at 26,843.49 points, the largest increase since March 22 and a …
Read More »German Dax: negative pressure in place 13/4/2022
Oil, Crude, trading
Read More »Dow Jones is trading negatively 13/4/2022
Oil, Crude, trading
Read More »CAD getting bullish momentum 13/4/2022
As we expected, the Canadian dollar continues to gain more bullish momentum, touching the first official target that must be achieved at 1.2660, recording the highest at 1.2661. Technically, the pair’s success in stabilizing above the 1.2600 resistance-into-support and the 50-day moving average supports the daily bullish price curve. Therefore, …
Read More »GBP Maintains Technical Conditions 13/4/2022
Oil, Crude, trading
Read More »Gold continues to rise 13/4/2022
Gold prices jumped during the previous trading session after we stayed on the fence, explaining that we are waiting for a new signal to continue the upside and breach of 1960 increases and accelerate the strength of the bullish trend, targeting 1978 to record gold at its highest level at …
Read More »The euro continues to move negatively 13/4/2022
The single European currency slowly moves to the downside within the expected bearish path. It begins by pressing the support level published during the previous analysis, at 1.0830. Technically, there is a possibility of resuming the bearish trend, with the continuation of the negative pressure of the simple moving averages …
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