Oil prices fell on Wednesday (October 20th) after the Chinese government intensified its efforts to curb the record rise in coal prices and operate coal mines at full capacity to ease the energy shortage crisis. Prices of Chinese coal and other commodities fell in early trading, which in turn led …

Japanese stocks rose on Wednesday, October 20, buoyed by a strong close on Wall Street, but gave up most of the gains as investors grew cautious about weak US futures contracts and higher yields on Treasuries. The Nikkei index increased by 0.14% to close at 29,255.55 points, after rising by …

Markets were quiet during the Asian session on Wednesday. Asian stocks rose after positive signs from overnight gains on Wall Street as traders cheered higher US corporate earnings. Japanese stocks rose on Wednesday, buoyed by a strong close on Wall Street, but gave up most of the gains as investors …

Positive attempts witnessed the movements of the German DAX index, recording its highest level at 15,510. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on the stability of the intraday trading above the support level of 15,450 and in general above 15,400, in …

Oil, Crude, trading

The British pound continued to rise against its Japanese counterpart, within the positive outlook, as we expected, touching the target of 158.20, posting a high of 158.20. Today’s technical aspect indicates the possibility of continuing the rise due to building on 157.30 support floor, accompanied by the positive motive for …

The Canadian dollar touched the official target mentioned in the previous analysis, at 1.2310, recording its lowest level in the last session’s trading at 1.2310. Technically, the pair tried to achieve some bullish rebound as a result of taking advantage of the published support 1.2310 to retest 1.2380; we notice …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices achieved the positive outlook as we expected yesterday, to retest the target at 1785, recording its highest level at 1785. On the technical side, the resistance level represented by the target managed to cap the bullish bias, which forced gold to trade with intraday negativity to …