The technical outlook is unchanged, and the Canadian dollar did not witness any change, maintaining the temporary negative stability below the 1.2720 resistance level. Technically, by looking at the 240-minute chart, we notice the price stability below 1.2720, the previously broken support and transformed into a resistance level represented by …

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the movements of gold at the end of the last trading week after it retested the 1776 resistance level, which forced it to retreat to record significant losses around 1740. Technically, and by looking at the 240-minute chart, we notice the stability of the intraday trading below …

Sideways trading dominates the euro against the US dollar for several consecutive sessions, above the psychological support level of 1.1700 and below the resistance of 1.1750. On the technical side today, and by looking at the 4-hour chart, we notice the negative pressure coming from the 50-day simple moving average, …

The Federal Reserve left rates unchanged after the end of the monthly meeting of the FOMC and stated that if progress in the economy continues as expected, we may see the start of reducing purchases sooner, as some members of the committee indicated that interest rates may rise soon after …

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Experts at Citibank said Friday that the Chinese real estate market is expected to witness a strong downturn, regardless of what happens in the crisis of Evergrande, one of the largest real estate developers in China. Experts at Citibank added that the real estate sector will face downward pressure, despite …

Gold compensated some of its losses after declining 1% in the previous session, supported by the weakness of the dollar and the return of concerns about the fate of the Chinese company Evergrande to the fore, which strengthened the position of the yellow metal as a safe haven. And gold …

European shares fell at the open, as concerns persisted over troubled Chinese real estate developer Evergrande, and China-exposed mining and retail stocks were among the biggest losers. The pan-European Stoxx 600 index fell 0.5%, after three days of gains. Mining, auto and retail stocks fell more than 1 percent. Investors …