The yellow metal prices succeeded in touching the first target at 1741, recording its lowest price of 1742. Technically, and with careful consideration on the 4-hour chart, we notice a conflict in the technical signals between the attempts to obtain the RSI to gain bullish momentum on the short time …

The single European currency continues its quiet negative crawling to start negativity by pressure on the psychological barrier support level at 1.1700. On the technical side, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day simple moving average and the …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. Fed The recent Federal Reserve decision was one of the most prominent headlines on …

According to the data published by the US Census Bureau revealed this Monday, Durable Goods Orders in the United States increased by 0.7% in August. This reading was well above market expectations pointing to a 0.5% growth and also marked a notable rebound from the previous month’s reading of -0.1%. …

Gold prices fell on Monday, September 27, due to the rise in US bond yields and the rise of the dollar, while investors awaited statements by policymakers at the US Federal Reserve in search of indications of when to reduce the fiscal stimulus measures taken to mitigate the consequences of …

Oil prices rose on Monday for the fifth day in a row, and Brent reached its highest level since October 2018 and is heading towards $ 80 a barrel, amid concerns about supply at a time when demand is increasing in some regions of the world with the easing of …

Japanese stocks closed slightly lower Monday, September 27, giving up early gains, led by cyclical stocks, as investors booked profits after a sharp rally this month, while caution also prevailed ahead of a change in the country’s political leadership. Nikkei fell by 0.03% to close at 30240.06 points, after rising …

The CEO of the American pharmaceutical company, Pfizer, Albert Borla, indicated that normal life will return again within a year, but it is likely that it will be necessary to receive an annual dose of Corona vaccines, noting that his company is preparing within days to submit an application for …

Oil, Crude, trading

Positive trades dominated the movements of GBP/JPY, benefiting from maintaining trading above the 151.10 support level. Technically, we notice the stability of the intraday movements above the support level of 151.10, as we find the stochastic indicator started sending positive crossover signals on the 4-hour time frame, in addition to …