The Canadian dollar managed to maintain positive stability above the pivotal support level published during the previous analysis, located at the price of 1.2500, heading towards touching the first target of 1.2590, recording the highest price of 1.2598 during the early trading of the current session. Technically, the bullish trend …

Oil, Crude, trading

Oil, Crude, trading

A gradual rise in gold prices during the first trading sessions of this week within the expected bullish path during the previous analysis, recording its highest level at 1789. On the technical side today, by looking at the 4-hour chart, and with the regular work within the bullish price channel, …

The euro failed to achieve the required rise during the previous trading session against the USD after it found a strong resistance level around the psychological barrier of 1.1800. Technically, the euro starts pressing on the 1.1760 support level, and with careful consideration on the chart, the simple moving averages …

Manufacturing Sales rose by 2.1% on a monthly basis in June to C$59.2 billion, the data published by Statistics Canada reported on Monday. This reading followed June’s contraction of 0.3% and missed the market expectation for an increase of 2.5%.

Gold prices retreated from their highest level in a week on Monday, August 16 with the dollar’s rise, but easing concerns about the US Federal Reserve’s early cut in stimulus policies, and fears of an outbreak of the Delta strain contributed to the price of the yellow metal remaining near …

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey fell sharply to 18.3 in August from 43 in July. This reading missed the market expectation of 29 by a wide margin.

The US dollar settled near a one-week low against the other major currencies on Monday, August 16th, while declining US consumer sentiment hurt bets on an early Federal Reserve monetary policy tightening, while the yuan and Australian dollar fell after disappointing Chinese economic data. There was little change in the …

The US Centers for Disease Control and Prevention (CDC) said that the United States had given more than 356 million doses of Corona vaccines in the country as of Sunday morning, August 15, and distributed more than 415 million doses. The CDC said about 198 million people had received at …