Negative trading returned to dominate the movements of the pound sterling against its Japanese counterpart after several consecutive sessions of a slight incline, recording the highest price of 154.06. Technically, the pair failed to maintain trading above the previously broken support level located at 153.60/153.40, as we find the negative …

The Canadian dollar successfully retested the 1.2640 support level, which maintained the positive stability of the pair once again to start its daily trading on an upward slope within the attempts to attack the resistance level 1.2730. From the technical analysis point of view, and carefully looking at the 4-hour …

Oil, Crude, trading

Oil, Crude, trading

Gold prices opened the early trading of the current session with an upward bias, building on the support level 1778 to retest the key resistance level 1799. Technically, we notice that the 14-day momentum indicator shows positive signs on the short intervals. Still, negative features started to appear on Stochastic …

The negative movements still dominate the euro against the US dollar within a bearish trend towards the price target required to be achieved at 1.1200, recording its lowest level at 1.1186. Technically, the momentum indicator still provides negative signals on the short intervals accompanied by the clear negative pressure on …

Oil prices varied during trading today, Thursday, in the Asian trading session, as investors awaited the reaction of “OPEC” to the release of crude oil from emergency reserves by major consuming countries to calm the market. Brent crude futures rose 0.07% to $82.31 a barrel, while West Texas Intermediate crude …

European shares rose on Thursday, as a rebound in hard-hit technology shares and a rise in French liquor maker Rémy Cointreau allayed concerns about a surge in coronavirus infections across the continent. The pan-European Stoxx 600 index rose 0.4 percent by 0809 GMT, recovering from a three-week low hit on …

There were no fresh moves for the majors during the Asian session. Fresh headlines are crossing the wires from the UAE official, via Reuters, citing that it is fully committed to OPEC and its allies (OPEC+) agreement. Gold futures rose 0.47% to $1,792.75, after falling to their lowest level since …

Fresh headlines are crossing the wires from the UAE official, via Reuters, citing that it is fully committed to OPEC and its allies (OPEC+) agreement. The UAE said that it has no “prior stance” ahead of the upcoming OPEC+ meeting. The UAE Energy Minister, Suhail Al Mazrouei, said last Tuesday …