Oil, Crude, trading
Read More »Dow Jones is looking for opportunities to rise 9/8/2023
Oil, Crude, trading
Read More »CAD continues to achieve bullish goals 9/8/2023
As we expected, the Canadian dollar jumped to achieve significant gains yesterday, within the positive technical outlook, touching the official target at 1.3480, recording the highest at 1.3502. From the point of view of technical analysis today, we find that the pair succeeded in establishing a good support base around …
Read More »Japanese yen is facing a bullish rally 9/8/2023
japanese-yen
Read More »GBP may resume decline 9/8/2023
Oil, Crude, trading
Read More »Oil finds a positive catalyst 9/8/2023
Mixed movements dominated the prices of US crude oil futures contracts, as we expected, touching the bearish official targets published during the previous technical report at 81.30 and 80.60, approaching the final target station at 79.60, only to record its lowest level at $79.97 per barrel. Technically, US crude prices …
Read More »Gold continues its gradual decline 9/8/2023
Gold prices were able to achieve the first bearish target required to be touched during the previous trading session, located at 1926 price, recording its lowest level at $1922 per ounce. Today’s technical vision indicates the possibility of resuming the bearish trend, relying on the continuation of the negative impact …
Read More »Euro is testing the support and confirming the break extends the losses 9/8/2023
Negative pressure dominated the movements of the EUR/USD pair yesterday, within the bearish technical outlook, as we expected, in which we relied on trading stability below the resistance of the psychological barrier 1.1000, heading to touch the first target to be achieved at 1.0950, recording its lowest level at 1.0952. …
Read More »Market Drivers – US Session, August 08
Financial markets are anxiously awaiting data on Chinese inflation during the Asian session, details on New Zealand’s electronic card retail sales, and expectations for the third quarter’s inflation rate from the Reserve Bank of New Zealand.Among the upcoming figures for Japan are machine tool orders for July. Due to lower …
Read More »GBP/USD falls on global economic growth woes
Due to worries about both the Chinese economic recovery and the expansion of the global economy, the GBP/USD decreased by 0.36%, remaining below the 1.2800 mark. The US dollar (USD) has been a steadfast advocate for rate stability, despite Michelle Bowman of the Fed’s push for additional rate increases. Negative …
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