Limited sideways trading tends to the little positivity above the psychological support level of 1.2700 and below the resistance level of 1.2770. Technically, the 50-day SMA is trying to provide a positive motive and the attempts of Stochastic to obtain more bullish momentum. With intraday trading remaining above the breached …

Oil, Crude, trading

Oil, Crude, trading

Mixed movements dominated the gold prices during the last trading session, recording the highest level at 1880, which formed a negative pressure factor that forced the price to retreat strongly towards the retest of 1844. On the technical side, today, and carefully looking at the 4-hour chart, we notice the …

The movements of the Euro against the US dollar witnessed a mixed session, approaching by a few points from the first official station targeted in the previous analysis at 1.1510, posting the highest level of 1.1495, to trade again on the negative side as approaching the resistance level of the …

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. MoM, PPI came in at 1.0% in January, well above expectations for a 0.5% MoM gain. Core PPI metrics were …

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. That was well above the median economist forecast for 9.1% and was unchanged December’s 9.7% reading. MoM, PPI came in …

The German ZEW headline numbers for November showed that the Economic Sentiment Index unexpectedly improved to 3 The German ZEW headline numbers for February showed that the Economic Sentiment Index jumped again, registering 54.3 from 51.7 previous while missing estimates of 55.0. Meanwhile, the Current Conditions sub-index slowed its pace …

The euro recovered on Tuesday, recouping almost all of its losses on Monday, buoyed by reports that some Russian forces in areas near Ukraine have begun to return to their bases. The single European currency rose 0.4 percent to $1.1346, with European shares recovering with the support of those reports. …

European shares rose on Tuesday after concerns about the crisis between Ukraine and Russia prompted investors to buy shares in sectors such as health care and consumer goods. The pan-European Stoxx 600 index rose 0.6 percent by 0814 GMT, after closing in the last session at its lowest level in …