A noticeable push for the Dow Jones Industrial Average, as we expected during the last analysis, touching the official target station located at the price of 34,140, recording the highest of 34,141. On the technical side today, we tend to be positive, depending on the price intraday above 34,000 and …
Read More »GBP/JPY: Attack Resistance
Positive trading regained control of the sterling pound’s moves against its Japanese counterpart, surpassing the target of a re-test published during the previous analysis of 150.30, recording a high of 150.62. On the technical side today, intraday trading remains above 150.00 that supports the upside, and we find the RSI …
Read More »Canadian Dollar: Mixed Signals
The Canadian dollar is trying to build a base on the support floor of the psychological barrier of 1.2500 within a temporary bullish bias after it found a solid support floor around 1.2470. Technically speaking, and with a closer look at the chart at a 60-minute chart, we find the …
Read More »Pound Benefiting From Support
Oil, Crude, trading
Read More »Oil Continues to Climb Higher
Oil, Crude, trading
Read More »Gold Continues to Rise
Gold prices succeeded in achieving the positive outlook, as we expected in the previous analysis, touching the first official stop at the price of 1777 and approaching a few points from the legal target of 1790, to settle for recording its highest level of 1783. On the technical side today, …
Read More »Euro Maintains Its Bullish Path Against The Dollar
Positive trading continues to dominate the euro’s movements against the US dollar within a gradual rise to the upside, with the continuation of work within the bullish price channel shown on the chart. In terms of technical analysis today, we find the Euro succeeded in maintaining trading above 1.1950, and …
Read More »Bitcoin: Market Experts’ Forecast
After strong rallies in recent days, the largest cryptocurrency by market value, Bitcoin, has reached levels of $ 64,000. Bitcoin dropped below $ 63,000, but remained above $ 62,000 levels and closed above this level for two consecutive days. Bitcoin fell 3% at $ 62.3K, recording a high of 64.7K …
Read More »Services And Energy Led Eurozone Inflation Higher in March
Data from the European Union statistics office Eurostat revealed today, Friday, that eurozone inflation accelerated, according to preliminary estimates in March, mainly driven by rising costs of services and energy. Eurostat confirmed its earlier estimates that consumer prices in the eurozone, which includes 19 countries, rose 0.9% on a monthly …
Read More »Turkey Bans The Use of Cryptocurrencies in Payments
The Turkish Central Bank banned the use of cryptocurrencies assets in the purchase of goods and services, pointing to potential “irreparable” damages and great risks in those transactions. In the legislation published in the Official Gazette early Friday, the Turkish central bank said that cryptocurrencies and other digital assets based …
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