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The Fed is about to increase the interest rate


News of the day, Wednesday, June 15

Oil prices rose today after losses in this session amid concerns over fuel demand and an expected big rate hike by Fed. Brent crude futures were up 0.4%, and WTI crude rose 0.3%.

Euro rose after the announcement of the ECB’s governing council …

Gold analysis


Gold continues on the bearish path after testing the resistance level 1827.20 and failing to breach it, rebounding to the downside and reaching the support level 1810.90 and trying to breach it, and completing the bearish scenario to the main support level 1790.00.

Therefore, we will continue to suggest the …

GBP/USD currency pair analysis


The pound against the dollar continues its bearish movement after it broke the support level 1.2185 and reached the next support 1.2000. The bearish scenario has continued and the target will be the level of 1.1750 in the long term.

We are likely to see some correction to the upside …

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