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The headline German IFO Business Climate Index came a bit higher at 96.8 in April compared to last month’s 96.6, missing the expectations of 97.8.

European stocks were largely flat on Monday, as car maker losses erased the gains of mining companies, while investors awaited a week full of corporate results and economic data. The pan-European STOXX 600 index rose 0.02% n early trade, after recording its first weekly loss in eight weeks on Friday. …

Japanese shares closed higher on Monday as travel-related stocks recovered from losses stemming from concerns over coronavirus restrictions, and after ANA forecast losses lower than expected for the full year. The Nikkei index rose 0.36% to close at 29,126.23 points, while the broader Topix index rose 0.17 to 1918.15 points. …

Gold won today, Monday, as the increase in the incidence of Covid-19 cases strengthened its appeal as a safe haven, and this reinforced the weakness of the dollar before the meeting of the Federal Reserve (US Central Bank) this week, while the palladium, which is used in the auto industry …

Oil prices fell on Monday, on the back of fears that the escalation of Covid-19 infections in India will lower the demand for fuel in the world’s third-largest oil importer, and with investors shifting positions ahead of a planned increase in OPEC+ oil production from May. Brent crude futures fell …

Bitcoin prices did a bullish rebound after several consecutive sessions of decline, reaching its lowest level during the previous trading session at 47,490. On the technical side, Bitcoin found a solid support floor around the aforementioned level, while the stochastic indicator started to show positive signs. We may witness a …

The German DAX index managed to achieve the positive outlook, as we expected during the last trading sessions last week, touching our awaited target of 15,530, recording its highest levels at 15,325. The technical side today indicates the possibility of continuing the rally, as long as the index found a …

The Dow Jones Industrial Average jumped, ending last week’s trading with a noticeable increase, posting its highest price during last Friday’s trading 34,053. On the technical side today, we are biased towards the positivity, relying on the price building a base above 33,680, accompanied by positive signs that began to …

The support levels mentioned in the previous analysis, represented by our first target at 149.00, were able to limit the bearish bias, which forced the pair to rebound again. On the technical side today, we tend to be positive, but cautiously depending on the stability of intraday trading above 149.40 …

The Canadian dollar’s ​​attempts -over several sessions in a row- failed to breach the pivotal resistance of 1.2550/1.2560 and settled below the aforementioned level. Technically, and by looking at the 4-hour chart, we find the simple moving averages continue to pressure the price from below, and we find the RSI …