The pound against the Japanese yen succeeded in achieving the negative outlook, as we expected, touching the first target published during the previous analysis, at a price of 149.65, recording a low of 149.65. On the technical side today, the price built an intraday above 149.65, accompanied by attempts by …

The negative moves have returned to control the Canadian dollar’s ​​movements, as we expected, explaining that a break of 1.2500 leads the pair to a downside path. Its initial target is around 1.2455, to settle for recording its lowest price during the previous trading session at 1.2476. Technically speaking, the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices rose significantly, nullifying the negative outlook, as we expected during the previous analysis, touching the stop-loss order published during the previous analysis at the price of 1750. Offsetting the losses of the sell position. On the technical side, today the intraday moves in gold are witnessing stability above …

The attempts to gradually ascend the euro against the US dollar continue within the expected bullish path, benefiting from building on the support level of 1.1900, gradually approaching the first target required to be achieved during the previous analysis at 1.2010, recording a high of 1.1995. Technically speaking, we find …

Retail Sales in the US rose by 9.8% in March to $619.1 billion, the data published by the US Census Bureau revealed on Thursday. This reading followed February’s contraction of 2.7% and surpassed the market expectation of 5.9%.

The Turkish lira declined against the US dollar after an earlier rise, following the central bank’s decision to keep the interest rate unchanged at 19%. The currency fell to 8.1250 after the decision, which was preceded by its initial rise to 8.005 against the US currency. It had closed at …

Bank of Japan Governor Haruhiko Kuroda warned Thursday that the Japanese economy is recovering but that the recovery is likely to be modest due to the coronavirus measures. The bank gave a negative assessment of two of the nine regions in Japan and maintained its outlook on the remaining areas, …

The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it left its policy (one-week repo) rate unchanged at 19% as expected. In its policy statement, the central bank refrained from repeating last month’s pledge to “decisively” maintain a tight policy.