Oil, Crude, trading

Gold’s movements witnessed positive trading at the conclusion of the last week’s trading after it received a strong push to the upside as a result of the US dollar’s ​​decline. We indicated during that trading above 1770 is able to thwart the bearish bias and lead gold to achieve gains …

The single European currency achieved some limited gains, taking advantage of the US employment data that came on the lower side, recording limited gains around 1.1586 areas. Technically, and by looking at the chart  240-minute chart, we notice the stochastic losing the bullish momentum, in addition to the pair’s continuing …

Nonfarm Payrolls (NFP) in the US rose by 194,000 in September, the data published by the US Bureau of Labor Statistics showed on Friday. This reading missed the market expectation of 500,000 by a wide margin. On a positive note, August’s print of 235,000 got revised higher to 366,000. the …

Here are the forecasts by the economists and researchers of four major banks regarding NFP report. JP Morgan “We are looking for a 575K gain in jobs. Expect a drop in the US unemployment rate to 5%. The driver for an above-consensus forecast is the expected rebound in the leisure …

The dollar rose against the major currencies, but within a narrow range, as traders awaited the monthly jobs report for clues on the pace of the return of the Federal Reserve’s policies (the US central bank) to normalcy. The dollar index, which measures the performance of the US currency against …

European shares fell, as a decline in the technology sector offset the impact of gains in oil and auto stocks, while investors remained cautious ahead of the US jobs data. The pan-European STOXX 600 index fell 0.2 percent after technology shares fell 0.9 percent, while oil and gas shares jumped …

Gold settled, ahead of the non-farm payrolls data in the United States, as some analysts expect strong data that reinforces bets on scaling back economic stimulus and push the yellow metal further down. And gold rose in spot transactions 0.1 percent to $ 1757.30 an ounce, while US gold futures …

Japan’s Nikkei jumped for a second straight session, tracking gains on Wall Street and as investors snapped bargains after sharp declines this month, while Toyota Auto helped the Topix close higher for the first time in 10 sessions. The Nikkei rose 1.34 percent to close at 28,048.94 points, paring gains …

The movements of the German DAX index witnessed a bearish tendency as a result of hitting the resistance level 15,240, which forced the index to trade negatively again, stable around its lowest level during the session at 15,200. Technically, and with careful consideration on the short time frames, we notice …