Oil, Crude, trading

For the third consecutive session, the Pound against the Yen succeeded in maintaining the trading level above the support floor published during the previous analysis, at 149.50, which forced it to provide some bullish bounce. On the technical side today, the current movements are witnessing an upward bias due to …

The Canadian dollar provided a positive trading session, retesting the previously broken support-into-resistance, touching our required target of 1.2730, recording the highest level at 1.2723. Technically, we tend to the positivity, relying on the pair’s pivot at the 1.2660 support level, accompanied by the positive motive for the 50-day moving …

Oil, Crude, trading

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 …