Twitter and Facebook have temporarily suspended the accounts of US President Donald Trump, as tech giants scrambled to counter his unfounded claims about the presidential election, amid riots in Washington D.C. Twitter withheld Trump’s three tweets and requested that they be deleted “as a result of the continuing and unprecedented …
Read More »Congress Resumes Debate on Electoral College Votes After Riots
Congress has resumed the electoral counting process to confirm President-elect Joe Biden’s victory, hours after crowds of President Donald Trump’s supporters stormed the Capitol. US House Speaker Nancy Pelosi said that House members will quickly resume counting the votes to confirm the outcome of the presidential elections after securing the …
Read More »German Factory Orders Beat Estimates in Nov
The German Factory Orders increased in November, suggesting that the manufacturing recovery in Europe’s gaining some momentum. Contracts for goods ‘Made in Germany’ came at +2.3% m-o-m vs -1.2% expected and +3.3% previous, the latest data published by the Federal Statistics Office showed on Thursday. On an annualized basis, Germany’s Industrial …
Read More »Bitcoin Touches The Desired Targets
Bitcoin succeeded in achieving the positive outlook, as we expected, touching the second target to be achieved yesterday, located at 37,240, recording its highest level at 37,692. Technically, the general bullish trend is still intact, but we believe that there is a possibility of a bearish slope occurring in the …
Read More »DAX Witnessing Strong Gains
Positive trading dominated the German DAX, as we expected, touching the official station mentioned in the previous technical report at a price of 13,870, recording the highest of 13,920. On the technical side, we will maintain our positive outlook, depending on the stability of the intraday trading above the previously …
Read More »GBP/JPY: Yen Reiterates Chances of Upside
GBP/JPY tends to be positive, benefiting from the stability above 139.80 support. On the technical side, we tend to be positive, depending on trading above the aforementioned support, in addition to the positive motive of the 50 day moving average. Therefore, we target 140.65 as a first target, bearing in …
Read More »Canadian Dollar Looking For Momentum
The Canadian dollar was able to build a base on the support floor of 1.2650, which we mentioned as a protection key to limit the bearish trend, forcing the pair to retest the previously broken support, which was converted to the resistance level at 1.2730. Technically speaking, and despite the …
Read More »Dow Jones Increases the Gains
The Dow Jones Industrial Average jumped yesterday, achieving strong gains on Wall Street, within a positive outlook, as we expected it to surpass the second official target at 30,530, recording its highest level at 30,909. On the technical side today, the daily trend is still up, dependent on stochastic around …
Read More »Pound Facing Negative Pressure
Oil, Crude, trading
Read More »Oil Maintains Its Gains
Oil, Crude, trading
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