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Saudi Arabia
Cryptocurrency
Nov 30 2020, 11:13
Saudi Arabia to Launch CBDC With UAE for Cross-Border Payments
The central banks of UAE and Saudi Arabia have announced the agreement to launch a dual-issued CBDC for Cross-Border Payments.
Announcements
Nov 30 2020, 11:13
Saudi Stock Exchange Launches First Derivatives Market on Nasdaq
Nov 30 2020, 11:13
Oil Market Outlook: Prices could stabilize at a higher range
Technical analysis
Nov 30 2020, 11:13
Oil May Decline Further as OPEC Hinted Output Cut
Technical analysis
Nov 30 2020, 11:13
Oil Price Declined Sharply as OPEC Cuts Output - What is Next?
Technical analysis
Apr 09 2020, 09:30
Oil Price Strike Higher as Russia Willing to Cut WTI Output - What Next?
Oil rose higher after bouncing from $23.50 area during the New York session yesterday. Oil price strike higher as Russia willing to cut WTI output.
Technical analysis
Apr 07 2020, 08:47
Oil Bulls Failed to Break Above $27.50 - What Is Next?
Oil price has become corrective and indecisive after OPEC and its allies delayed the meeting. Oil Bulls Failed to Break Above $27.50 -What Is Next?
Technical analysis
Apr 06 2020, 09:13
Can Oil Strike Higher After the Bearish Gap Below $27.50?
Oil price declined with a bearish gap during the Asian session today. Can Oil strike higher after the bearish gap below $27.50 area?
Technical analysis
Apr 03 2020, 09:03
Oil Bulls Regained Momentum - Can WTI Continue Higher?
Oil recently managed to bounce from the $20 support area with a daily close. Oil Bulls regained momentum, can WTI continue higher in the days ahead?
Technical analysis
Mar 30 2020, 10:47
Can Oil Push Below Record Low Price $20 per Barrel?
WTI started the week with a Bearish gap. Currently, the price is quite corrective as it bounced higher from $20 key support level as Oil Push Below
Opinions
Mar 23 2020, 07:19
Oil Price Maintains Above the Key Support area $20
Oil price maintains above the key support area $20 and Bulls may gain some momentum. XTI started trading today with a Bearish gap and filled up successfully
Technical analysis
Mar 19 2020, 07:04
Oil Price Drops Below $23 Area - How Low Can the Price Go?
Oil price Dropped below $23 area may going to decline further. Oil failed to hold the price above $27.50 area and continuously making new record lows.
Mar 18 2020, 15:36
Will CADJPY Price Decline as Oil Looks to Head Lower?
CADJPY price has sold off aggressively in the past few weeks before rebounding somewhat. WIll the pair decline as oil prices head lower?
Technical analysis
Mar 18 2020, 10:00
Gold Price Bounced Back - Will XAUUSD Break Above $1600?
Gold price bounced back from $1450 area and may continue the Bullish trend Further. Gold has tested the dynamic level of 200 EMA two time and bounced higher
Opinions
Mar 17 2020, 06:48
Oil Struggling below $30 - Will Bears Continue to Dominate further?
Oil Struggling below $30 and Bears may continue to push lower. XTI has become very corrective and volatile while residing below $30.20 area.
Forex News
Mar 16 2020, 15:35
Forex Market Weekly Preview - Greenback under pressure following rate cut
In today’s forex market weekly preview, the US dollar is now facing increasing selling pressure after climbing to 2-week highs on Friday.
Forex News
Mar 16 2020, 14:09
US Oil Offering a Discount for Stock Reserves: Will They Turn Prices Around?
US oil is currently at 30.42 and Saudi Arabia must be hoping that these discount prices will cause countries to step in and top up their own oil reserves.
Technical analysis
Mar 12 2020, 06:49
Oil Breaks Below $31.50 Area - Will the Price Decline Further?
Oil Breaks below the $31.50 area and it may continue to Decline Further. The price of Oil failed to sustain above $35 area
Forex News
Mar 11 2020, 12:03
3 Factors That Sparked Capitulation in the Oil Market
The recent capitulation in the oil market has come due to three factors, which have also created a perfect environment for oil sellers.
Technical analysis
Mar 11 2020, 06:11
Oil Breaks Above $35 Area - Will the Price Climb Further?
Oil broke above $35 area and price may continue to climb further. The price of Oil managed to broke above its corrective phase and jump higher.
Opinions
Mar 10 2020, 06:15
Oil Finds Support at $27.50: Will the Price Recover Higher?
Oil found support at $27.50 area, which is 2016's low. After an impulsive and non-volatile Bearish momentum, the price may now retrace higher.
Forex News
Mar 09 2020, 14:18
Forex Market Weekly Preview - Massive Drop in Oil Prices
In today’s forex market weekly preview, the price of crude oil declined by more than 30% during the Asian session. This was the lowest level in four years.
Opinions
Mar 09 2020, 08:44
Gold Found Resistance at $1700 may Push Lower Towards $1600
Gold found resistance at $1700 area and may push lower towards $1600. After a Bullish impulsive momentum from $1600, Gold reached 2013 high.
Technical analysis
Mar 09 2020, 06:19
Oil Dropped Record Low at $27.50 - What is Next?
Oil dropped record low at $27.50 after the market opens today. Oil is now trading at $27.50 area may push higher to fill up the gap in markets.
Forex News
Feb 18 2020, 15:23
Crude Oil Price Forecast: Oil Market Vulnerable to Coronavirus Fears
The impact of coronavirus seems to have made the oil market vulnerable. What can traders expect? HYCM’s analyst reveals in today's crude oil price forecast.
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