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The pound showed a positive trade against the Japanese yen, maintaining a gradual rise to the upside, approaching a few points difference from goal of 140.60, posting a high of of 140.45. Technically, we see the price is stable above 139.30, and the RSI indicator is stable above the middle …

The technical outlook is unchanged, and the Canadian dollar has not changed significantly for the third consecutive session, maintaining negative stability. Technically speaking, the technical factors indicate the possibility of continuing decline, to find the simple moving averages continue to make a negative pressure on the price accompanied by negative …

Negative trading dominated the pound’s movements against the US dollar, but the support levels published in previous analysis, located at 1.3320, managed to limit the bearish bias. Technically, today we find the price is still stable above the aforementioned support, and we find Stochastic trying to get rid of the …

Oil, Crude, trading

We committed to the intraday neutrality during the previous analysis, although we tend to the positivity, indicating that we are waiting to confirm the breach of the resistance level of 1817, which is a catalyst factor that enhances the chances of the rise to be the next leg of 1837, …

The bullish trend is still dominating the euro’s movements against the US dollar within the expected bullish path, touching the third target located at 1.2130, posting high at 1.2127. Technically speaking, and with a closer look at the 4-hour chart, we find that the simple moving averages continue to support …

The President of the United States, Donald Trump, could be preparing another campaign to run for the presidency in 2024, Reuters reported on Wednesday. Trump, who is yet to concede his loss in the recent elections to President-elect Joe Biden, reportedly told an assembled group earlier that “we are trying …

Oil prices closed higher on Wednesday, amid anticipation for the OPEC+ alliance decision on production cuts. Brent crude futures for February delivery rose by 83 cents, or 1.8%, to finish at $48.25 per barrel. Meanwhile, the West Texas Intermediate (WTI) crude futures for January delivery gained 73 cents, or 1.6%, …

Gold prices rose for the second consecutive session, supported by positive news about a new stimulus package in the United States. Gold futures for February delivery gained $11.30, or 0.6%, and closed at $1,830.20 per ounce. The back-to-back gains come after a strong correction wave for the yellow metal, and …

The President of the Federal Reserve Bank of New York, John Williams, said on Wednesday that the US economy was showing a better than expected recovery pace until recently, Reuters reported. However, growth has slowed due to the absence of economic stimulus. “We are still in a very deep recession.”“One …