On Tuesday, February 9th, Britian recorded another decrease in the daily number of new cases of COVID-19, despite an increase in the number of deaths. Tests confirmed that 12,364 people were infected with the virus, in the latest daily toll, down from 14,104 cases yesterday, Monday. The number of new …

Oil prices fell on Wednesday, February 10, threatening to end the longest rise in two years as investors ignored sector data showing lower US crude oil inventories, boosting optimism about an expected increase in global demand for fuel. Brent crude fell cents to 61.08 dollars a barrel, after increasing about …

Bitcoin succeeded in retesting the required support during the previous analysis, located at the price of 46,440, recording its lowest level at 45,797. On the technical side, today we find the RSI indicator gradually losing the bullish momentum over the short time periods. With the intraday trading remaining below the …

The German DAX index declined, eliminating the positive technical outlook as we expected, in which we relied on trading above 14,000, we indicated during the previous analysis that the attempt to break 14,000 postpones the chances of an upside and leads the index to re-test 13,950 to record a low …

Positive moves continue to dominate the Dow Jones Industrial Average, as we expected touching the first target to be achieved during the previous analysis, located at 31,350, recording its highest level at 31,382. On the technical side, today, with the index resting above the support floor of 31,210, accompanied by …

The British pound was able to successfully retest the support level published during the previous analysis, located at 143.90, to record its lowest level during the previous trading session at 144.00, to return to the upside rebound. The technical aspect today indicates the possibility of continuing the rally with the …

The technical outlook remains unchanged, and the pair’s movements have not changed significantly, maintaining the expected bearish bias. Technically speaking, the negative pressure from the 50-day moving average supports the continuation of the decline, in addition to trading stability below the extended resistance level of 1.2765 / 1.2780. Therefore, our …

Oil, Crude, trading

Japanese shares closed higher in choppy trade Wednesday, February 10, after positive earnings from market leaders Toyota and Honda shed light on an improved global economic outlook. Nikkei’s benchmark rose 0.19% to 29,562.93 points, while cyclical and technology-related consumer stocks led the gains. The broader Topix index increased 0.27% to …

Oil, Crude, trading