The single European currency traded within the same expected price range during the previous analysis, maintaining negative stability below the 1.1330 resistance level, unable to penetrate it so far. The technical aspect today indicates the possibility of continuing the decline. With a careful look at the 4-hour chart, we find …
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Gold prices rose on Tuesday after rising US bond yields, supported by bets that the Federal Reserve would raise interest rates faster than expected, pushed the precious metal to its biggest drop in six weeks in the previous session. And gold rose 0.2 percent in spot contracts to $ 1804.40 …
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Oil, Crude, trading
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The Canadian dollar benefited from building a base on the strong support level located at 1.2630, which forced the pair to trade positively during the last trading session, to retest the previously broken support level of 1.2770. From the angle of technical analysis today, and with careful consideration on the …
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Oil, Crude, trading
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Oil, Crude, trading
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The single European flag faced selling during the last trading session due to hitting the strong supply level at 1.1380, which forced it to trade negatively to retest the psychological support level of 1.1300. Today’s technical aspect indicates the possibility of continuing the decline. With a closer look at the …
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The dollar rose somewhat against the major currencies as market sentiment improved on Monday, with European shares and government bond yields soaring on the first trading day of 2022. But trading volumes are expected to remain limited with London, Europe’s main currency market, closed for a holiday. Despite the rise …
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Gold prices rose to a six-week high before giving up their gains and stabilizing on Monday after gold buying, boosted by higher infections of the mutated Omicron strain of the coronavirus, offset pressure from higher US Treasury yields. There was little change in the price of gold in spot transactions, …
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Gold headed for its first decline in three years on Friday as the global economy recovered, reducing the appeal of safe havens as central banks prepared to raise interest rates to control inflation. And by 1035 GMT, gold in spot transactions rose 0.2 percent to $ 1817.57 an ounce, and …
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