GBP/JPY found a good support level around the first target published during the previous analysis at 148.65, which forced it to retest the 150.00 resistance level. On the technical side, and despite the bullish intraday tendency, we tend to be negative depending on the clear negativity features on the stochastic …

The Canadian dollar’s ​​efforts continue to maintain the bullish correction bias after it succeeded in building a base on the support floor of 1.2500. Technically, 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 …

Oil, Crude, trading

Oil, Crude, trading

Gold prices hit the level of pivotal resistance mentioned in the previous technical, located at 1747, which forced gold to trade negatively, as the current moves witness the continued pressure on the 1723 support level. Technically, and with a closer look at the 4-hour chart, we find the 50-day moving …

The European currency showed negative movements during the previous trading session within the expected negative outlook during the previous analysis, touching the first target to be touched at 1.1670, recording the lowest price of 1.1660. Technically speaking, the intraday trading is stable below the previously broken support barrier, which has …

The operator of the giant container ship that ran aground in the Suez Canal said that there will be another attempt to float the vessel later today after an earlier attempt failed. The ship operator Bernard Schulte, which operates the Evergiven, said in a statement that dredging operations of sand …

The United States’ Real Gross Domestic Product (GDP) expanded at an annual rate of 4.3% in the fourth quarter, the US Bureau of Economic Analysis reported on Thursday. This reading came in better than the previous estimate and market expectation of 4.1%.

There were 684,000 initial claims for unemployment benefits in the US during the week ending March 20, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 781,000 (revised from 770,000) and came in much better than the market expectation …

The EUR/USD pair extended its daily slide and touched its lowest level since mid-November at 1.1797. to be updated …