Oil prices rose on Monday, extending the gains made last Friday, supported by growing optimism that the impact of the mutated Omicron strain of the Coronavirus will be limited to global economic growth and fuel demand. US West Texas crude rose 69 cents, or 1.0 percent, to $72.36 a barrel, …

Positive trading dominated the movements of the German DAX index on the Frankfurt Stock Exchange, trying to build on a 15,450 support level to record its highest level at 15,686. On the technical side, the indicator needs more additional momentum to continue rising, and we notice that the RSI is …

Japanese stocks closed higher on Monday, following in the footsteps of US stocks, and technology shares led the gains as investors looked confident in the economic recovery in a week of central bank meetings. The Nikkei index rose 0.71 percent to 28,640.49 points, its first gain in three sessions, when …

During the previous analysis, GBP/JPY achieved the expected positive outlook, touching the first official target at 150.40, recording the highest at 150.50. Technically, and by looking at the 60-minute chart, we find the 50-day moving average, which provides a positive motive, accompanied by the positivity of the stochastic indicator. From …

The technical outlook is unchanged; the Canadian dollar maintained positive stability after stabilizing above the 1.2660 support level. Technically, we tend to the positivity, relying on the pair’s building on the 1.2660 support level, which is accompanied by the positive motive for the 50-day moving average, which returned to hold …

Oil, Crude, trading

Oil, Crude, trading

Oil, Crude, trading

Mixed trading dominated gold prices at the end of last week’s trading. Trading is still limited to a short, unclear stable trend from below, above the demand area 1770, and below the main supply area of 1799. Technically, despite the temporary bullish bounce, gold prices are still moving within an …

The single European currency found a solid support floor around the main key published in the previous analysis, at 1.1260, Technically, the pair’s movements are witnessing stability above 1.1260, and the simple moving averages returned to hold the price from below, accompanied by some positive signs from the stochastic indicator. …