In its latest review report on China, Moody’s Investors Service noted that “China’s economic rebound will buoy demand for goods and services, lifting companies’ revenue over the next 12-18 months.” “Rising demand for goods and services in China, driven by GDP growth, will boost the earnings of most rated companies …

Despite the relative decline that Bitcoin, the largest digital currency, is witnessing in these moments of trading today, Thursday, speculators for a return to the rise above the $30,000 levels are steadfast, and have so far succeeded in supporting prices. Despite the panic that dominated the markets due to the …

A monitoring from Reuters revealed that Russian oil prices from the Volga River region for local market supplies for July delivery reached a record high, rising about 11% compared to the previous month due to the rise in oil prices in global markets. Traders said that oil for July delivery …

The resistance level published during the last analysis, located around 1797, was able to limit the bullish tendency witnessed by gold prices yesterday, which forced it to trade negatively again within a gradual decline to the downside approaching by a few points from the first official target 1770, recording its …

The German DAX index came close to achieving our first target published during the previous analysis, located at 15,675, to settle for recording its highest level at 15,654. Technically, we still tend to be positive, but cautiously, relying on the stability of the intraday trading above the support floor of …

Positive attempts dominated the movements of the Dow Industrial Index during the previous trading session within the bullish context, as we expected, recording its highest level at 33,960. On the technical side today, the stability of trading above the 33,730 support level above 33,630 are technical factors that support the …

On the other hand, we find the 50-day moving average that continues to pressure the price from above, accompanied by the clear negative signs on stochastic. Therefore, the bearish bias is the most preferred during the day, as long as trading remains below 1797 represented by 50.0% Fibonacci correction, targeting …

Oil, Crude, trading

Negative trades dominated the movements of the Canadian dollar, and to remind you, we previously mentioned that trading below 1.2300 increases the possibility of retesting the 1.2260 support level before rising again to make the pair succeed in touching the published target, recording the lowest 1.2250. Technically, the Canadian starts …

Oil, Crude, trading