Oil, Crude, trading

The technical outlook is unchanged, and there was no significant change in gold’s movements for the third consecutive session, maintaining the same technical conditions within the short trend, with unclear targets so far. The technical aspect today is as it is. Despite the temporary bullish bounce, gold prices are still …

We remained neutral during the previous report due to the conflicting technical signals, clarifying that the price should be monitored below at 1.1260 and above at the main demand point 1.1380. Technically, the current movements of the euro are witnessing stability below 1.1330, the resistance of the descending price channel …

Based on a Reuters poll, experts said that the US Federal Reserve will raise interest rates in the third quarter of the next year 2022, earlier than expected (in the fourth quarter) a month ago. Experts believe that the reason for this early change of the US Federal Reserve is …

The euro, sterling, and dollar prices stabilized on Thursday on hopes that some COVID-19 vaccines could neutralize the coronavirus mutated Omicron, and analysts say attention is once again focused on monetary policy. Some concerns related to the emergence of the Omicron mutant were eased when BioNTech and Pfizer said three …

US stock index futures fell slightly in trading on Thursday, after major indexes posted gains for the third day yesterday, as traders are betting that the economic impacts of the Omicron pivot will not be as severe as initially thought. The Dow Jones Industrial Average futures declined 109 points, the …

Gold prices received support from the dollar’s decline to rise Thursday, but the rise in US Treasury bond yields and anticipation of US inflation data and the Fed meeting limited the rise of the non-yielding metal. The price of gold in spot transactions rose 0.2% to $ 1785.78, while US …

European shares rose slightly Thursday, December 9, after positive comments from vaccine manufacturers calmed some concerns about the new mutated Omicron from the Coronavirus, while Deutsche Bank shares fell after reports that it may have violated a criminal settlement. The pan-European Stoxx 600 index rose 0.3%, after declining 0.6% in …

Data on Thursday, December 9th, showed that German exports increased much more than expected in October despite persistent supply bottlenecks in the manufacturing sector, suggesting that Europe’s largest economy may be on the way to recovery. The Federal Statistics Office said that exports, after adjusting for seasonal factors, increased by …

The German DAX index maintains its recorded gains, reaching 15,830 within an upward slope, benefiting from the positive stability above 15,650. Technically, we tend to the positivity, relying on the stability of the intraday trading above 15,560, which is accompanied by the positive motive of the 50-day moving average and …