Positive trading dominated the movements of the Canadian dollar as we expected, in which we depended on successfully retesting the 1.2410 support level, approaching a few points from the first target of 1.2550, recording a high of 1.2540. Technically, the bullish trend is still the most likely, relying on the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices successfully retest the pivotal support at 1797, mentioning in the previous analysis that represents the key to protecting the bullish trend, recording its lowest price at 1797; the bullish rebound returns to settle above the strong student area 1800. Technically, by looking at the 4-hour chart, we find …

We adhered to intraday neutrality during the previous analysis, explaining that we are waiting to activate the sell orders, which depend on witnessing a breach of the 1.1820 level, in order to target the 1.1770 areas, so that the euro succeeds in touching the first target, recording the lowest price …

Inflation in the US, as measured by the Consumer Price Index (CPI), jumped to 5.4% on a yearly basis in June from 5% in May, the data published by the US Bureau of Labor Statistics revealed on Tuesday. Excluding volatile food and energy prices, the core CPI rose 4.5%, the …

Goldman Sachs Group reported Tuesday, July 13th, a rise in second-quarter 2021 earnings, as the largest Wall Street investment bank benefited from record dealmaking activity globally. Net profit attributable to common shareholders increased to $5.35 billion in the three months ended June 30, compared to $2.25 billion a year earlier. …

Gold rose in Tuesday morning trading in Asia, settling to a one-week low hit during the previous session. While the dollar weakened ahead of US inflation data that could indicate when the US Federal Reserve is likely to start declining assets. Gold futures were also up 0.24 at $1,810.15, dropping …

France’s antitrust watchdog has fined Google 500 million euros ($593 million) for failing to fully comply with interim orders in a dispute with news publishers in France. The US tech giant must come up with suggestions within the next two months on how to compensate news organizations and other publishers …

Data from digital asset management Coinshares showed on Monday that crypto funds and products saw an outflow of capital at the start of the second half of the year, with an atmosphere of caution continuing amid a summer slump in trading. There were net inflows of $4 million from digital …