The positive trading continues to dominate the movements of the Dow Jones Industrial Average on Wall Street, within the expected positive outlook, recording its highest level at 33,945. On the technical side, we tend to the positive side, relying on the continuation of the RSI’s bullish momentum, in addition to …

Positive movements dominated the movements of the pound against the Japanese yen within the expected bullish context, touching the second official target to be achieved at 154.40, to record its highest level at 154.47. On the technical side today, the bullish bias is still valid, with the stability of trading …

Negative trading re-dominated the movements of the Canadian dollar during the previous trading session, negates the positive outlook, as we expected, in which we relied on trading stability above 1.2330, to record its lowest level at 1.2301. Technically, and with a closer look at the 4-hour chart, we find that …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is unchanged, and there was no significant change in gold’s movements, maintaining the same technical conditions for the previous session. On the technical side today, looking at the 60-minute chart, we find that the RSI is trying to get positive signs to get bullish momentum. On the …

Trades tended to the positive within the context of the retest that is required to be achieved on short intervals at 1.1975 so that the euro was satisfied with recording its highest level at 1.1952. Technically, and by looking at the chart, the 50-day moving average is still pressuring the …

The Eurozone manufacturing sector activity boosted its pace of expansion in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Wednesday. The manufacturing purchasing managers index remained steady at 63.1 in June and beat 62.1 expectations. Services PMI jumped to 41-month highs of 58.0 in June …

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) eased to 64.2 in June versus 64.0 expected and 65.6 – May’s final reading.

The Swiss National Bank announced today, Tuesday, that Switzerland achieved a current account surplus of 16 billion Swiss francs (17.40 billion dollars) in the first quarter of 2021, 6 billion francs more than it was in the previous quarter. The weakness of the Swiss franc against the dollar since the …