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The Nikkei average rose on Tuesday, boosted by optimism about corporate business results, and after overnight gains in US, stocks pushed the Dow Jones Industrial Average and Standard & Poor’s 500 indexes to record levels. The Nikkei closed up 1.8 percent to 29106.01 points, after rising at the open and …

Gold fell in Tuesday morning trading in Asia. While the dollar, which usually moves in reverse with gold, rose 0.07% on Tuesday, recovering from a one-month low hit during the previous session. Gold futures were also down 0.07% at $1,805.55 by 11:15 PM ET as investors await this week’s key …

The German DAX index managed to build on the support level 15,500 to start its daily trading with an upward bias and hovering around its highest level during the morning trading session around 15,640. Technically, we may witness a bullish bias in the coming hours, based on the positive signs …

Oil, Crude, trading

GBP/JPY failed to achieve the expected negative outlook during the previous analysis and started reversing the expected bearish tendency to a bullish direction and hovering around its highest level during the early trading of the current session 156.80. On the technical side, with the return of the intraday stability above …

Positive trades dominated the Canadian dollar’s movements after attempts to build on the main support floor located at 1.2300, to return to the bullish rebound, retesting the resistance level of the psychological barrier 1.2400. Technically, and by looking at the chart with a 60-minute chart, we notice that the price …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices maintained the bullish bias after stabilizing intraday above the previously breached resistance level at 1797. Technically, by looking at the chart, we notice a conflict of technical signals between the continuation of the positive motive for the 50-day moving average, which still supports the bullish price …

The single European currency failed to confirm breaching the major resistance level published in the previous analysis, at 1.1680, over several consecutive sessions, which forced it to trade negatively again. Technically, and by looking at the 4-hour chart, we notice the trading stability below the psychological support level of 1.1600. …