The Eurozone manufacturing sector activity slowed this month, although bettered the consensus forecast, the latest manufacturing activity survey from IHS/Markit research showed on Friday. The Eurozone Manufacturing purchasing managers index (PMI) improved from 55.2 in December to in January and over 54.6 expected. The IHS Markit Eurozone PMI Composite arrived …

Bitcoin is experiencing volatility on Friday, January 22nd and is heading towards its worst weekly decline since September, as concerns about regulation and its overheating push it back from record highs reached recently. The world’s most popular cryptocurrency fell by more than 5% to its lowest level in nearly three …

Japanese stocks retreated from a 30-year peak Friday (January 22nd), as investors were reluctant to make big bets ahead of the corporate earnings season while some took profits after a recent rally led by hopes of a massive stimulus in the United States. The Nikkei index closed down 0.44% to …

Bitcoin retreated significantly, moving away from the record highs it had recently achieved, touching the second downside target mentioned in the previous analysis, located at 33,740, recording its lowest level at 30,645. On the technical side, today we are biased negatively citing the RSI losing its bullish momentum in addition …

The German DAX index succeeded in touching the first official target mentioned in the previous analysis, located at 14,000, to record its highest level at 14,010 during the morning period of the current session. On the technical side, the 50-day moving average is still holding the price from below, and …

Positive trading dominated the Dow Jones Industrial Average on Wall Street, to record its highest level during the previous session’s trading at 31,186. Technically, we are positive, and the RSI indicator is still trying to provide positive signals, supported by stochastic around overbought areas. Consequently, with trading above the support …

The current moves of the pound sterling against its Japanese counterpart are witnessing a slight bearish bias, as a result of meeting the resistance level 142.30, 2nd goal of previous analysis. On the technical side, we are biased to the negativity relying on the clear negative crossover signals on the …

The Canadian dollar starts its daily trading on a slight bullish bias after benefiting from the support level of 1.2570, to trade near its highest level during the morning session at a price of 1.2674. Technically, and with a closer look at the 60-minute chart, we find the 50-day moving …

Oil, Crude, trading

Oil, Crude, trading