GBP/JPY touched the first bearish target published during the last analysis, located at 156.10, recording its lowest level at 156.06. The intraday movements of the pair are witnessing a slight bullish tendency as building on the support of 156.00, in addition to the attempts of the stochastic indicator to obtain …
Read More »CAD: Maintains The Same Technical Conditions 18/2/2022
The technical outlook is unchanged, and the movements of the Canadian dollar did not change significantly within a stable sideways price range from below the 1.2665 support floor and from above below the 1.2730 resistance level. Technically, and carefully looking at the 4-hour chart, we notice the positive crossover signs …
Read More »GBP is hovering Around The Resistance 18/2/2022
Oil, Crude, trading
Read More »Oil is Waiting For a New Signal 18/2/2022
Oil, Crude, trading
Read More »Gold Attacks the 1900s 18/2/2022
The yellow metal prices achieved noticeable gains during the previous trading session, attacking the psychological barrier of 1900 within the ascending path, in which we relied on consolidation above the level of 1878, explaining that push to visit 1892, recording the highest of 1901 during the early trading of the …
Read More »The Euro is Unchanged 18/2/2022
The Euro continues to attempt to rise against the US dollar, but still limited, unable to consolidate above the main supply point published during the current week’s reports at 1.1380, which keeps the technical outlook unchanged. From the technical analysis point of view today, the current movements of the Euro …
Read More »Market Drivers – US Session – 17 Feb.
Thursday’s asset trading closed largely negatively with a significant decline in risk appetite because tensions in Eastern Europe that have come back to the news headlines.Risk assets, first and foremost stocks and the euro, declined as yields of US Treasury bonds fell in favour of higher safe haven assets, most …
Read More »S&P falls On Russia-NATO Tensions
US equity markets were under pressure on Thursday, with all major US indices dropping more than 1.0%. Markets fell as Russia-NATO tensions continue to escalate against the background of uncertainty about the timeline of Fed tightening. US equity markets were under pressure on Thursday, with all major US indices dropping …
Read More »Demand For Safe Havens Surges, With US Dollar As Only Exception
Ukraine-Russia conflict continued to dominate the headlines and fueled demand for safe-haven assets, although speculative interest stood away from the greenback. Major pairs remained stable within familiar levels after both countries blamed each other for some shelling that took place early on Thursday in the Donbass territory.The situation escalated as …
Read More »USD/CAD Falls Back To 1.2680 Amid Indecisive Trading Conditions
The USD/CAD pair saw choppy trading conditions on Thursday and is back to flat around 1.2680 having been as high as 1.2734.Geopolitics remains the main talking point in the market, with investors jittery as NATO/Russia relations sour, shelling resumes in Ukraine.At one point, the pair was rallying as high as …
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