Japanese stocks rose on Wednesday after investors accepted shares that had fallen in price before, after the Federal Reserve Chairman Jerome Powell’s less hawkish-than-expected comments supported US stocks. The Japanese Nikkei index closed up 1.92 percent, recording 28,765.66 points, achieving the highest daily increase since December 21, while the broader …

The statements of US Federal Reserve Chairman Jerome Powell came with a state of concern in the markets about the lack of supply resulting from the current events in Libya and Kazakhstan, giving a solid boost for oil prices. Powell stressed that the fed uses all tools to manage the …

The German DAX index achieved noticeable gains within the bullish path published in the last report, recording its highest level at 15,995. Technically, we tend to be positive, but cautiously, relying on the stability of the 14-day momentum indicator above the 50 mid-line, in addition to the index’s success in …

Oil, Crude, trading

The British pound continues to advance against its Japanese counterpart and starts today’s session positively, attacking the strong resistance level at 157.40. On the technical side, we tend to the positivity, relying on the stability of the intraday trading above the 156.60 support level, accompanied by positivity signs that start …

 The Canadian dollar managed to achieve the bearish path published during the technical report yesterday, heading towards touching the first target of the previously mentioned bearish technical structure 1.2570, recording its lowest price during the early trading of the current session 1.2545. Technically, and with the continuation of the negative …

Oil, Crude, trading

Oil, Crude, trading

Gold prices managed to touch the official target required to be achieved during the previous report, located at 1823, recording its highest level during the last trading session of 1823. Technically, it managed to establish a good support floor around the psychological barrier of 1800, and it also succeeded in …

The euro’s movements against the US dollar witnessed a positive trading session to move away from the psychological barrier of 1.1300 support floor and is now hovering around the highest level during the early trading of the current session 1.1375. On the technical side, the pair starts attacking the main …