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Oil, Crude, trading

Positive trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bullish context during the previous report, recording the highest around 151.65. Technically, we noticed the stability of the intraday movements above the support level of 151.10, and stochastic started sending positive acceleration signals on …

The Canadian dollar declined noticeably yesterday, nullifying the positive outlook as we expected, in which we relied on the price stability above the 1.2700 level, touching the stop losses order published during the last report at 1.2720; we indicated that if 1.2720 is broken, this can thwart the bullish scenario …

Oil, Crude, trading

Oil, Crude, trading

Gold prices declined significantly during the previous trading session within the expected bearish context, to retest the broken neckline around 1776 and return to decline strongly, touching the official target of the current downside wave, as we indicated during the last report around 1735, recording its lowest level at 1736. …

The euro made positive attempts to rise against the US dollar. However, there are still limited attempts to hit the strong resistance level that was published throughout all reports this week at 1.1750, which was able to limit the bullish bias. Technically speaking, and by looking at the 240-minute chart, …

The White House told government agencies to prepare for a potential government shutdown if a temporary solution bill is not passed as a new law before 30 September.White House press secretary Jen Psaki said during a briefing on Thursday that Biden’s administration is taking all possible steps to mitigate the …

On Thursday, the GBP/JPY reached a new four day high at 151.48 as market sentiment ended mixed, and it could weigh on the British pound. The cross-currency declined to a daily low of 149.53, but as the European session began and the Bank of England released its monetary policy statement, …

The White House has imposed sanctions against SUEX, a virtual currency exchange that enables users to trade cryptocurrency or other digital currencies.The new measures were a reaction to the role played by the Czech Republic-based SUEX’s in facilitating financial transactions for ransomware actors as well as involving illicit proceeds from …