The pound retreated against the Japanese yen noticeably, ending a series of gains, heading to retest the required target at 151.00, reaching a low of 150.80. On the technical side, today we are biased negatively depending on trading stability below 151.60 accompanied by the RSI losing bullish momentum over short …

After several consecutive sessions of the expected decline of the Canadian dollar, touching the official target station of the current descending wave at 1.2280, to record the lowest price at 1.2264. Technically, we notice the positive attempts of the Canadian dollar to settle above 1.2265, accompanied by the positive crossover …

Oil, Crude, trading

Oil, Crude, trading

Over several consecutive sessions, gold prices failed to surpass the upside of the pivotal resistance published during last week’s technical reports, located at 1784, which forced the price to pressure on the support level of 1765, and the current moves are witnessing stability around the aforementioned support. Technically, today, we …

The single European currency fell significantly at the end of last week’s trading touching support mentioned in the previous analysis in which we aimed to re-test 1.2060, indicating that breaking the aforementioned level leads the euro to extend its losses towards 1.2030, to record its lowest level at 1.2015. Technically …

The FOMC remained in dovish mode, despite promising US numbers. The UK economy is gradually reopening, but the eurozone is still hampered by a slow vaccine rollout. Here are the most prominent events and data affecting the markets over the past week U.S. dollar and Currencies The Bank of Canada …

The dollar rose on Friday (April 30th), extending its gains after optimistic data on the income and spending of US consumers and the manufacturing sector in the Midwestern states. However, the dollar index ends April down 2.1, its biggest loss in one month since December. US data next week, including …

Oil prices fell from six-week highs on Friday (April 30th) as investors scaled back their positions after weak data on Japan’s crude imports and concerns about fuel demand in India as coronavirus cases soar. West Texas Intermediate crude and Brent crude recorded the biggest one-day loss in more than three …

Data from the Turkish Statistics Institute on Friday showed that Turkey’s foreign trade deficit shrank by 14.9% year on year in March to $4.65 billion, according to the general trade system. The institute said that Turkey’s exports in March rose by 42.2% and imports increased by 25.6% compared to March …