The Nikkei index closed lower on Friday, weighed down by a decline in technology stocks, as investors awaited the US jobs report later in the day for signs of whether the Federal Reserve will change course on interest rates. The Nikkei index fell 0.26 percent to 30,994.67 points. The index …
Read More »NFP Preview: Forecasts from major banks
The US Bureau of Labour Statistics (BLS) will release the September jobs report on Friday, October 6 at 12:30 GMT, and as the day approaches, here are the projections for the upcoming employment statistics from 4 major banks’ economists and researchers. Nonfarm payrolls are expected to rise by 170K in …
Read More »Nasdaq trying to rise 6/10/2023
Oil, Crude, trading
Read More »Dow Jones is cautiously awaiting US jobs data 6/10/2023
Oil, Crude, trading
Read More »CAD retests support 6/10/2023
The Canadian dollar reached the first target expected to be achieved during the previous trading session, at 1.3770, recording its highest level of 1.3785. Technically, and with a closer look at the 4-hour time frame chart, we find that the resistance level of 1.3785 formed a negative pressure factor that …
Read More »JPY may continue the corrective decline 6/10/2023
japanese-yen
Read More »GBP tests solid resistance 6/10/2023
Oil, Crude, trading
Read More »Oil: bleeding losses continue/10/2023
US crude oil prices continue to fall amid intense selling operations within the strong downward trend expected during the previous technical report, exceeding the first official target of 82.75, approaching by a few points from the second target of 82.00, recording its lowest level of $82.20 per barrel. Technically, the …
Read More »Gold in a sideways range, eyes on US jobs 6/10/2023
For the second session in a row, gold trading is limited from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find that positive crossover signals are …
Read More »Euro retests resistance 6/10/2023
For the second session in a row, the EUR/USD pair is trying to reduce its previous losses to retest the pivotal resistance published in the last technical report, located at 1.0550, which it has been unable to break. Technically, and with a closer look at the 4-hour time frame chart, …
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