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The UAE kicks off oil exports to Europe

News of the day, Wednesday, 25 May

Asian stocks rose today despite central banks’ intent to increase interest rates and global worries about slower economic growth. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.72%, while Japan’s Nikkei 225 slipped 0.04%.

The dollar index strengthened after achieving the lowest …

Gold analysis

Gold continues in the bullish path within the ascending channel that appears in the chart after it confirmed breaking the resistance 1845.60 and settled above it. Therefore, the upside scenario remains to dominate the price movement, and the targets will be levels of 1875.00, then 1890.00.

The averages support the …

GBP/USD currency pair analysis

The GBP/USD pair continues to move around the 1.2500 support level after it rebounded from the 1.2590 resistance.

In general, the price moves above an ascending trend line that forms a path for the price and a support level for it, and if the price succeeds in breaking the trend …

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