After several consecutive sessions of standing on the sidelines, the Canadian dollar’s ​​movements witnessed an upward corrective tendency during the previous trading session, explaining that re-activating the long positions requires stability of the price above 1.2070/1.2075 to target 1.2105 and then 1.2130 for the pair to succeed in reaching its …

Oil, Crude, trading

Oil, Crude, trading

Gold prices approached touching the first target required and mentioned in the previous analysis located at 1917, to settle for recording its highest level at 1912, finding it difficult to surpass the aforementioned level, which forced it to move within a bearish path. On the technical side today, and by …

The euro found a strong resistance level during the previous trading session at 1.2170, which managed to limit the bullish tendency to force the euro to retest the support level of 1.2170. Technically, and with a closer look at the 4-hour time frame, we find the 50-day moving average began …

Amazon said it reached a deal to acquire MGM for $ 8.45 billion, to support the company’s efforts to cement its position in the entertainment and internet streaming sector. The deal is the largest since Amazon acquired Whole Food in 2017 for $ 13.7 billion.

It seems that digital currencies are on the way for the second day in a row towards recovering from the effects of the painful blows they took by surprise. The digital currencies managed to record a positive performance for the second day in a row, raising their market gains to …

In its May report, the Japanese government slashed its economic view for the first time in three months, in the face of the impact of the COVID-19 state of emergency. “The government cut its assessment of the overall economy for the second time this year, after also doing so in …

The yield on the benchmark 10-year US Treasury bonds changed slightly at 1.56% today, Wednesday, near levels not seen in a month, amid easing inflation concerns. Many officials have continued to emphasize that most price increases should be temporary and affirmed their support for keeping monetary policy easing for some …

Oil stabilized today and traded within a narrow range amid optimism about an improvement in fuel demand in the United States, but the possibility of Iranian oil returning to the markets pressures prices. Brent crude rose 14 cents, equivalent to 0.2%, to $ 68.79 a barrel, and US West Texas …