European shares fell today after hitting unprecedented high levels earlier in the week, as investors’ eyes are turning to US and European economic data to derive indications about the direction of monetary policy in the future. The pan-European Stoxx 600 index fell 0.1%, in line with the cautious moves of …
Read More »Japan Shares Close Higher as Vaccinations Boost Hopes
Japanese shares closed higher on Thursday, as the broad Topix index hit its highest level in more than six weeks as the country’s vaccination campaign increased activity, raising hopes that the economy will recover from pandemic-related restrictions. The Nikkei index rose 0.39% to 29,058.11 points, while the broader Topix index …
Read More »German Dax Maintains The Upward Trend
The positive attempts of the German DAX index continue and tend to positivity recording a high of 15626. The daily trend is bullish as a result of the stability of the intraday trading above 15,550 and in general above the support floor of 15,500. The 50-day moving average still holds …
Read More »Dow Jones Continues to Rising
Positive trades dominated the movements of the Dow Jones Industrial Average, and the index still maintained positive stability, recording its highest level during the previous session, 34,960. On the technical side, the bullish bias is still likely, depending on the indicator’s continued obtaining positive signals from the RSI and its …
Read More »GBP/JPY:ِ Tends to The Positive
Tight sideways trading is limited between the support level of 155.00 and the resistance level of 156.00. On the technical side today, the pair continues to obtain positive signals from the 50-day moving average, which meets around the 155.00 level. This increases the possibility that we will witness a bullish …
Read More »Canadian Dollar: Looking For Signals
Trades tended to the positive within the expected bullish corrective tendency during the previous session, approaching by a few points from the required target 1.2100, to record the highest at 1.2093. Technically, the pair found a strong resistance level represented by our target, which forced the pair to trade negatively …
Read More »The Pound Touches The Target And Negative Pressure Remains
Oil, Crude, trading
Read More »Crude Oil Attacks $69.00 And Positivity Remains
Oil, Crude, trading
Read More »Gold Trying Positively And Looking For New Catalysts
Mixed trading dominated gold prices during the previous session’s trading, and trading is still limited from the bottom above 1894 and from the top below 1910. On the technical side today, the price stability above 1894 supports the continuation of the rise, in addition to the positive signals coming from …
Read More »The Euro is Finding It Difficult to Break The Resistance
EUR/USD witnessed a bullish bias during the previous trading session, but still a limited bullish, so far the pair has found it difficult to breach the resistance level published in the previous analysis 1.2245, which we explained as one of the conditions for the continuation of the rise. Technically, by …
Read More »