Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street, posting its highest level at 30,526. On the technical side, we see the RSI stable above the 50 midline, trying to obtain more bullish momentum, and the simple moving averages support the upside. From here, with …

The pound’s current moves against the Japanese yen are witnessing a downward slope after a failure to hold a long time above the 141.00 level. On the 60-minute time frame, we see the RSI indicator gradually losing the bullish momentum, accompanied by clear negative signs on Stochastic. From here, with …

The Canadian dollar continues to achieve gains against its US counterpart, to find the pair now hovering around the psychological barrier support level of 1.2700. Technically, we see that the simple moving averages continue to support the bearish curve, but we find the stochastic trading around oversold areas. Although the …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal opened its first annual and weekly trades with a strong bullish bias, continuing to achieve gains, to record its highest level during the early trading of the current session 1925. Technically, and by looking at the 240-minute chart, we see a strong bullish momentum coming from the …

Positive trading dominated the EUR/USD with the conclusion of last year’s dealings, touching the psychological barrier of 1.2300. Technically speaking, and with a closer look at the 60-minute chart, we find the euro stable above the support floor of 1.2200, and the 50-day moving average continues to hold the price …

There were 787,000 initial claims for unemployment benefits in the US during the week ending December 26, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 806,000 and came in better than the estimate of 833,000.

The European Commission said on Thursday that it regrets the United States’ decision to extend tariffs to further European products, as reported by Reuters. “The US action disrupts negotiations to find a settlement to aircraft subsidy dispute,” the EU Commission further noted

British Defense Minister Ben Wallace said that the armed forces can distribute 100,000 doses of the vaccine against Covid-19 disease if required, which helps immunize millions of people threatened with infection before spring arrives. He added that he assigned 130 military planners and personnel to cooperate with the health authorities …