The Ministry of Health said that Italy recorded 331 deaths related to the Coronavirus today, Sunday, compared to 344 the previous day, while the number of daily infections decreased to 15 thousand and 746 after it was 17,567 the previous day. Italy has recorded 114,254 deaths related to Covid-19 since …
Read More »Gold Falling as Bond Yields And Dollar Rise in on Inflation
Gold prices fell on Monday, April 12th, under pressure from rising US Treasury bond yields and the dollar, after better-than-expected US economic data increased the possibility of a rise in the rate of inflation. This fell in the spot market 0.4% to 1735.90 dollars an ounce. And gold fell in …
Read More »Dax Settled Above Support
The German DAX index maintained positive stability, to start its weekly trading on a bullish tone, benefiting from stability above 15130. Technically, with the intraday trading remaining above the support level of 15,210, accompanied by the positive motivation of the 50-day moving average, in addition to the positive signs of …
Read More »Dow Jones Extends Gains
Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street, surpassing the first target required to be achieved in the previous analysis, 33,615, to record a high of 33,690. Technically, Stochastic continues to be concentrated around overbought areas, coinciding with the RSI indicator continuing to defend …
Read More »GBP/JPY: Confirms The Break
The pound against the Japanese yen managed to touch the first target required to be achieved during the previous analysis, located at 149.65, to hit its lowest level at 149.60. On the technical side, we tend to be negative, relying on the confirmation of the pair breaking the support level …
Read More »Canadian Dollar: Trying to Hold on to Above Support
The support levels published during the previous analysis, located at 1.2500, were able to limit the bearish tendency that the Canadian dollar witnessed, to start the bullish rebound once again, stabilizing above 1.2550. Technically speaking, and with a closer look at the chart at a 240-minute chart, we find that …
Read More »Pound Facing Negative Pressure
Oil, Crude, trading
Read More »Oil Trading in a Sideways Range
Oil, Crude, trading
Read More »Gold Kicks in on The Downside
Gold prices started their first weekly session with a bearish bias, as a result of hitting the resistance level 1758, in order for the current moves to stabilize below the aforementioned level. Technically speaking, the clear signs of negativity on Stochastic support the occurrence of a bearish bias during the …
Read More »Euro Waiting For Pending Orders
Narrow-range sideways trading took control of the euro’s movements against the US dollar, with the conclusion of last week’s trading sessions confined from the bottom above 1.1865 and the top below 1.1925. On the technical side today, and with a closer look at the 4-hour chart, we find the conflict …
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