The Nikkei index closed slightly higher on the Tokyo Stock Exchange on Tuesday, with the recovery of SoftBank and Fast Retailing shares, but fears of a possible increase in Coronavirus infections during the Olympic Games capped gains. The Nikkei gained 0.16 percent to record 28,643.21 points, giving up an early …
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Oil, Crude, trading
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GBP/JPY traded positively after finding good support around 153.00. The technical picture is positive due to intraday trading stability above 153.40, always on the back of positive stimulus from the 50-day moving average, which cushions the price from the downside. Therefore, we target 154.10 as the first target. Breaking through …
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The Canadian dollar intraday movements witnessed a modest bearish bias after several consecutive sessions of ascending within the bullish correction, which touched 1.2410. Technically, the current trading is stable intraday below the resistance level of 1.2330/1.2340, 50.0% Fibonacci level, with the simple moving averages pressuring the price from above. Therefore, …
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Oil, Crude, trading
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Oil, Crude, trading
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Positive trading dominated gold’s movements during the early trading of the ongoing session, attacking the resistance level of 1800, a psychological barrier, to reach the top of 1802. Today’s technical analysis indicates the possibility of continuing the rise, with the price breaking through the 1797 resistance level, 50.0% correction, in …
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The single European currency kicked off the weekly trading on a slightly bullish slope, aiming to retest the resistance level 1.1880/1.1890. Technically speaking, the 4-hour chart shows that the stochastic is trading around overbought levels, with trading stabilized below the 1.1880/1.1890 resistance level, 61.80% Fibonacci level. Therefore, the bearish scenario …
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Goldman Sachs predicts that England will win the Euro 2020 football tournament, according to recent reports about the bank’s probability model, CNBC reported. The model shows England’s chance of qualifying to the final is 57.7% and 31.9% in winning the cup, followed in the latter by Spain and Italy with …
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Bitcoin declined on Monday by about 5% to $33,857, erasing most of its recent gains, amid relatively thin trade with the U.S. on a holiday with a long weekend, celebrating Independence Day. The world’s biggest cryptocurrency in terms of market capitalization dropped by 41% during the second quarter (Q2) of …
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