Daily Archives: May 8, 2024
Oil prices fall as inventories increase and US dollar rises
Oil prices fell on Wednesday after industry data showed an increase in U.S. crude and fuel inventories and as the U.S. dollar strengthened, suggesting...
Impact of the BOE and Fed decisions on the pound and dollar
The pound sterling fell on Wednesday before the Bank of England announced its decision on interest rates, raising investor expectations and prompting careful analysis...
Impact of negative pressure on US dollar on price of gold
Gold prices fell in the European market on Wednesday, continuing their losses for the second day in a row, trading below the psychological barrier...
Performance of Dow Jones Index and effects economic data
The market appears to be continuing to show positive performance, as the Dow Jones closed slightly higher for the fifth session in a row....
NAS100 NDX Technical Analysis 30M:
NAS100 NDX Technical Analysis The Nasdaq index is trading at the $18048/18097 area. In the event of an ascent and stability above the 18097...
USOIL Technical Analysis 30M:
USOIL Technical Analysis Oil is trading at the $77.24/77.89 area. In the event of an ascent and stability above the 77.89 area, it will...
Gold Technical Analysis XAUUSD 30M:
Gold Technical Analysis XAUUSD Gold is trading at the $2312/2318 area. In the event of an ascent and stability above the 2318 area, it...
GBPUSD Technical Analysis 30M:
GBPUSD Technical Analysis The pound dollar is trading at the $1.24879/1.25063 area. In the event of an ascent and stability above the 1.25063 area,...
EURUSD Technical Analysis 30M:
EURUSD Technical Analysis The Euro/Dollar is trading at the $1.07429/1.07556 area. In the event of an ascent and stability above the 1.07556 area, it...
