Oil, Crude, trading

Mixed trading dominated the pound’s movements against the Japanese yen within a bullish context that is close to achieving our required target of around 157.90, recording the highest level at 157.80. On the technical side today, the price is witnessing stability below the 157.60 level, and we notice the negative …

The Canadian dollar built on the support published in the previous analysis at 1.2350, retest the resistance level of the psychological barrier 1.2400, recording the highest level at 1.2399. Technically, and carefully looking at the 4-hour chart, we notice the return of the simple moving averages to hold the price …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal faced selling pressure during the previous trading session; we remained neutral due to the conflicting technical signals, explaining that breaking the 1797 support level pressures the price to target 1797 and 1774, recording a low at 1782. On the technical side, today, the current moves are witnessing …

Quiet trading dominated the euro’s movements against the US dollar within the expected bearish context, and the technical outlook did not change much. Technically, and by looking at the 4-hour chart, we notice the trading stability below the 1.1640 resistance level represented by the 23.60% Fibonacci correction as shown on …

During the currency market’s trading today, Tuesday, the New Zealand dollar recorded strong profits and was the most profitable major currency by about 1.63%, benefiting from some positive developments in the currency market, which positively affected its trading, especially the statements of New Zealand Reserve Governor Adrian Orr. During his …

New Home Sales in the US surged by 14% in September compared to a contraction of 1.4% in August, the data published by the US Commerce Department revealed on Tuesday. This reading surpassed the market expectation for an increase of 1.5% by a wide margin. the median sale price rose …

US stock futures rose in morning trading on Tuesday as investors awaited a streak of major technology gains as the broader market hit a record high, and Dow Jones futures rose nearly 114 points. The S&P 500 and Nasdaq 100 futures were also trading solidly in positive territory.The shares of …