Reuters calculations based on Chinese customs data concluded that China’s trade surplus with the United States reached $ 21.37 billion in March, down from $ 23.01 billion in February. US President Joe Biden said last month that his country does not seek a confrontation with China regarding disputes over trade, …
Read More »Britain’s Economy Grew 0.4% MoM in February
Official data showed that Britain’s economy expanded 0.4% month over month in February. Economists had forecast a monthly growth of 0.6% in a Reuters poll.
Read More »Glass And Retailers Lift The Nikkei After Positive Results
Japanese stocks rose on Tuesday, April 13th, led by gains in shares of glass products companies and retail stores, after recording strong results, but fears of an increase in local Coronavirus infections hit travel-related stocks. The Nikkei index rose 0.72% to 29751.61, settling above a major support level from the …
Read More »German Dax Maintains Positive stability
The gradual rise of the German DAX index after finding a strong support floor around 15,200. Technically, with the intraday trading remaining above the 15,160 support level accompanied by the positive stimulus of the 50-day moving average, in addition to the positive signs of the RSI on short time frames. …
Read More »Dow Jones Maintains a Bullish Path
The Dow Jones index maintains positive stability, recording its highest level during the previous trading session, 33,670 benefiting from an intraday consolidation on the support floor of 33,560. Technically, we tend to be positive, relying on the RSI to continue providing positive signals on short intervals, which come as the …
Read More »GBP/JPY: Below Support
Negative trading dominated the pound’s movements against the Japanese yen within the expected bearish context during the previous analysis. On the technical side, we tend to be negative, relying on the confirmation of the pair breaking the support level of 150.70, which is now converted into a resistance level, in …
Read More »Canadian Dollar: Continues to Rise
The technical outlook remains unchanged, and the pair’s movements have not changed significantly, maintaining the upward correctional trend. Technically, and with a closer look at the chart at a 240-minute, we find that the RSI continues to defend the bullish corrective tendency, in addition to the positive crossover signals that …
Read More »Pound Facing Negative Pressure
Oil, Crude, trading
Read More »Oil Trading in a Sideways Range
Oil, Crude, trading
Read More »Gold Continues Its Gradual Decline
Gold prices succeeded in achieving the first target required to be touched in the previous analysis, located at a price of 1727, recording its lowest price of 1727. On the technical side today, and with a closer look at the chart at a 240-chart, we find negative signs still dominating …
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