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Oil rises on recession fears; the USD rises against the yen

Commodities market

Oil prices rose from multi-month lows on Monday as investors' appetite improved in response to data on US jobs and Chinese exports that alleviated recession fears.

By 0439 GMT, Brent crude futures had risen 22 cents, or 0.2 percent, to $95.14 per barrel. West Texas Intermediate crude in …

Gold analysis

Gold prices rebounded from the top that formed last week due to the American news that was issued last Friday, which led the price to retreat to the support level 1770.00 and the price stability above the mentioned support. Therefore, it is considered a positive opportunity to continue the bullish …

GBP/USD currency pair analysis

The pound against the dollar fell last Friday, affected by the US news, and approached the 1.2000 support level before rising slightly to the 1.2070 level.

Technical indicators give mixed signals. The moving averages provide a negative signal, while the stochastic indicator shows a positive signal.

Therefore, it is preferable …

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