Japan’s Nikkei index closed higher on Tuesday, boosted by technology heavyweights that tracked the Nasdaq’s gains, even as worries spread ahead of the country’s corporate earnings season that begins next week. The Nikkei index closed up 0.65 percent to 29,215.52 points, and the broader Topix index rose 0.36 percent to …
Read More »Dax Looking For Bullish Momentum
The German DAX index continues to rise after finding a good support level around 15,370, to record its highest level during the previous trading session of 15,550. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on trading above the published support above, in …
Read More »The Dow Jones is Looking For Extra Momentum
Oil, Crude, trading
Read More »GBP/JPY: Continues to Rise
Positive trading continues to dominate the movements of GBP/JPY within the suggested bullish path, touching our second awaited target at 157.20, recording the highest level at 157.38. On the technical side, by looking at the 60-minute chart, we notice that the RSI continues to provide bullish momentum signals, in addition …
Read More »The Canadian Breaks The Support
The strong resistance level at 1.2400 managed to cap the bullish bias yesterday, which forced the pair to trade negatively again, settling around its lowest level during the morning session, 1.2340. Technically, and with trading below the previously broken support-into-resistance at 1.2390, in addition to the continuation of the negative …
Read More »The British Pound Continues to Advance
Oil, Crude, trading
Read More »Oil Hits Strong Resistance
Oil, Crude, trading
Read More »Gold Price May Jump
Gold prices found a good support floor near the 1760 level to return to the limited bullish bounce and hovering around its highest level during the early trading of today’s session at 1775. Looking at the 240-minute chart, we notice the positive motive coming from the 50-day moving average, which …
Read More »The Euro Breaks Through The Resistance
The single European currency started trading with a noticeable rise within the expected bullish path. Therefore, we relied on stabilizing trading above the 1.1540 support. Technically, the current moves are witnessing a bullish bias, attacking the strong resistance level of 1.1640, 23.60% Fibonacci correction, accompanied by the continuation of the …
Read More »Market Drivers – U. S. Session 18-10-2021
US shares have undergone mixed performance, and tended to rise with the beginning of Monday’s trading session, attempting to overcome the impact of U. S. and Chinese data that cast negative shadows across the global markets after a decline in the growth of the second largest economy in the world.Economic …
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