We adhered to intraday neutrality during the previous analysis, due to the high-risk rates as a result of conflicting technical signals, explaining that activating the buying positions requires witnessing a clear and strong breach of the resistance level 34,660, and that may enhance the chances of rising towards 34,720 to …

Narrow sideways trading dominates the movements of the pound sterling against the Japanese yen, trapped between the support of 155.00 and the resistance level of 156.00 On the technical side today, we tend to the negative side, but with caution, relying on the stability of trading below 155.60, accompanied by …

The Canadian dollar was able to rise well within the bullish corrective slope published in the last analysis, through which we targeted 1.2150 to record the highest level at 1.2135. Technically, and by looking at the 60-minute chart, we are inclined to the positivity, relying on the attempts of the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices succeeded in touching the official target published during the previous analysis, at 1856, recording a low on Friday at 1856. On the technical side, gold succeeded in forming a good support floor around 1856, which forced it to rebound upwards again, approaching retesting the previously broken support 1895. …

Mixed trading dominated the movements of the euro against the US dollar at the end of last week’s trading, within a bearish tendency, recording its lowest level near the pivotal support level 1.2100. Technically, the pair bounced today, benefiting from the mentioned support level, within the context of retesting the …

Buying interest around the EUR/USD subsides and is pushing the pair back into the 1.2160 region following the lower-than-expected US Non-Farm Payrolls report. The EUR/USD pair reversed the initial decline on Friday after data showed that the US economy created 559K jobs in May, below expectations of 650K jobs. At …

The Unemployment Rate in Canada edged higher to 8.2% in May from 8.1% in April with the Net Change in Employment falling by 68,000, compared to market expectation of -20,000, the data published by Statistics Canada showed on Friday.

the data published by the US Bureau of Labor Statistics showed on Friday that Nonfarm Payrolls (NFP) in the US rose by 559,000 in May. This reading followed April’s figure of 278,000 and came in worse than the market expectation of 650,000.