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Asian stocks rise; oil reverses losses

Commodities market

Oil reversed after the previous two days of losses, with Brent crude futures rising 0.51% and WTI crude futures up 0.56%.

Key tickers:

Brent: 101.13 — buy.

WTI: 98.91 — strong buy.

NG: 5.565 — buy.

Foreign exchange market

The U.S. dollar was down today despite rate hikes …

EUR/USD currency pair analysis

The euro against the dollar continues to decline very strongly and achieve low prices that it has not seen in two decades, as it approached the target at the value 1.0150 before rebounding upwards with an upward correction towards the moving average 7 affected by the signal that comes from …

GBP/USD currency pair analysis

The pound against the dollar stabilized by moving below the support level of 1.1990 and is moving sideways under this level, and the downward movement was stopped by the effect of the positive signal from the stochastic indicator that moved upwards from the oversold area.

In general, we continue to …

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