Gold prices fell somewhat on Thursday, with the US Treasury bond yields rising, which compensated some of its previous losses, but the precious metal remained close to its one-week highs recorded in the previous session, as the dollar continued its decline. The price of gold futures in the United States …

The US Energy Information Administration expects US oil production to exceed pre-pandemic levels over the next year, supported by a jump in shale oil production, with high prices spurring producers to increase production. In its January Short-Term Energy Outlook, the administration said average US crude production could record 12.4 million …

Oil prices fell on Thursday, January 13, giving up some of their gains in the previous two sessions, amid uncertainty about demand in the near term as Omicron infections surged around the world. US benchmark West Texas Intermediate crude contracts fell 20 cents, or 0.2%, to $82.44 a barrel at …

The Turkish lira fell about 2.5 percent on Thursday, after rising the previous day, as fears of rising inflation due to unconventional policies aimed at boosting exports and growth persisted. The lira settled at 13.62 against the dollar at 0610 GMT, down from 13.2890 at the close the previous day. …

Japan’s Nikkei fell on Thursday after a jump in COVID-19 cases prompted sell-offs in retail and other service providers, and technology shares fell. The Japanese Nikkei index closed down 0.96 percent to record 28,489.13 points, while the broader Topix index fell 0.68 percent. Japan recorded a rise in new cases …

The German DAX index managed to touch the first target published during the previous analysis, at 16,050, to record its highest level of 16,065. The current movements of the index are witnessing a decline as a result of hitting the resistance level 16,065 represented in the previous target, as we …

Oil, Crude, trading

Positive trades dominated the pound’s movements against its Japanese counterpart. However, it hit a strong resistance level around 157.70, which forced it to trade with negativity that is still limited so far. On the technical side, today, and carefully looking at the 60-minute chart, we notice that the 50-day moving …

Negative trading dominated the movements of the Canadian dollar as we expected to touch the required target for the bearish technical structure mentioned in the previous analysis at 1.2500, recording its lowest price during the early trading of the current session 1.2495. Technically, The negative pressure of the 50-day moving …

Oil, Crude, trading