Oil, Crude, trading

Oil, Crude, trading

Negative trades dominated the pound’s movements against yen, approaching by a few points from the target published during the previous report at 160.10, to record the lowest at 160.30. Today’s technical aspect indicates the possibility of continuing the decline, relying on the clear negative signs on the stochastic indicator on …

The Canadian dollar jumped within the expected ascending path, touching the official target in the report issued last Friday at 1.2900, recording its highest level of 1.2912. Technically, the pair continues to obtain positive stimulus from the simple moving averages that continue to hold the price from below, coinciding with …

Oil, Crude, trading

Gold prices succeeded in touching the official target mentioned in the last analysis at 1866, recording its lowest level at 1866, after the pivotal resistance level of 1890 managed to limit the attempts to rise. On the technical side, today, we tend to the negativity in our trading, relying on …

The pivotal supply zones published in Friday analysis at 1.0600 managed to limit the euro’s attempts to rebound upwards, which forced the pair to trade negatively again. Technically, by looking at the 4-hour chart, we notice the continuation of the negative features coming from the stochastic indicator, which is gradually …

The US economy added 428,000 jobs in April, according to the latest Non-farm Payrolls (NFP) report released by the US Bureau of Labour Statistics on Friday. That was a little above the median economist forecast for a gain of 391,000 jobs, and exactly in line with the pace of jobs …

The US Bureau of Labor Statistics (BLS) will release the April jobs report on Friday, May 6 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 5 major banks regarding the upcoming employment data. Wells Fargo “We …

Oil prices rose for the third consecutive session on Friday, shrugging off concerns about global economic growth as looming European Union sanctions on Russian oil raised the possibility of a supply shortage. Brent crude futures rose $2.08, or 1.88%, to $112.98 a barrel by 0922 GMT, while US West Texas …