Positive trading regained control of the pound’s movements against the Japanese yen after it managed in building a base on the support floor at 150.80. On the technical side today, and with trading remaining above the aforementioned level, accompanied by the positive stimulus of the 50-day moving average, in addition …

The technical outlook remains unchanged, and the Canadian dollar’s ​​movements have not witnessed a significant change, maintaining the bullish correction bias. Technically speaking, we are continuing to suggest the bullish trend, relying on the intraday trading stability above 1.2540 the previously breached resistance in addition to the positive motive for …

Oil, Crude, trading

Oil, Crude, trading

After several successive sessions of sideways moves, gold prices were able to break the pivotal support level published during the previous analysis, 1720, indicating that breaking the aforementioned level puts the price under strong negative pressure, and its initial target is around 1705, to record its lowest price at 1704. …

The single European currency continues to pressure the pivotal support level aforementioned in the previous analysis at 1.1770, to stabilize the current trading of the pair around the lowest level during early trading for the current session at 1.1660. Technically speaking, and with a closer look at the chart, we …

The head of the Suez Canal Authority, Lieutenant General Osama Rabie, announced the resumption of navigation in the Suez Canal after the Authority’s success in rescuing and floating the giant Panamanian container ship EVER GIVEN, which ran aground while crossing the Suez Canal.

The Italian government is set to lower its 2021 Gross Domestic Product (GDP) growth forecast in April’s publication to 4.1% from 6%, Reuters reported on Monday, citing three government sources familiar with the matter. On a positive note, the 2022 growth forecast is expected to be hiked to 4.3% from …

Bitcoin jumped today, Monday, to a new week’s high, rising by 4.5% to $58,300 and approaching its peak at $61,100, which it reached earlier this month. Visa had previously said it would use cryptocurrency to settle payments on its network, in the latest sign of the growing acceptance of digital …

Russia is in support of keeping the oil output of the OPEC+ steady from April to May while seeking a small output increase in May for itself, Reuters reported on Monday, citing a source familiar with the matter.  “I won’t be surprised to hear the view that it is better …