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Elon Musk acquires Twitter, recession risks loom


News of the day, Tuesday, April 5

Saudi Aramco, the world's largest oil company, raises crude prices for the U.S., Europe and Asia in May. Such moves are usually consequent of production increases: someone starts to produce more oil, then Saudis raise prices. Last week the USA announced to release …

Gold analysis


Gold prices returned to the movement above the support 1921.60 to continue the sideways path within which the price has been moving for three weeks.

The moving averages are pressing prices to return to the downside, as it is moving above the price and forming a resistance level between (1926.70-1933.00), …

GBP/USD currency pair analysis


There is nothing new about the movement of the pound sterling against the dollar, as it continues in the sideways path that tends to decline after it opened the week’s trading below the support level 1.3127. Therefore, there is an opportunity to continue the descending path towards the next support …

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