Positive trading dominated the movements of the Dow Jones Industrial Average in the New York Stock Exchange within the expected upward trend, touching our official awaited target 31,445, to succeed in reaching its highest level at 31,448. On the technical side today, and with a closer look at the 60-minutes …
Read More »DAX Put Pressure on Support
The German DAX index touched the first target to be achieved during the previous analysis, located at 10,465. The technical side today, we find that the index’s intraday trading is stable below 13,950, and we find negative signs appearing on Stochastic. From here, we may witness a bearish tendency during …
Read More »GBP/JPY: Maintains Positive Stability
The technical outlook remains unchanged, and the pair’s moves have not changed little, as part of attempts to maintain the positive stability above the support level of 144.00 / 143.90. The technical aspect today indicates the possibility of continuing the rally with the pair consolidating above 144.45, in addition to …
Read More »Canadian Dollar: Negative Pressure Persists
The Canadian dollar came under selling pressure during the previous trading session within the expected negative outlook, in which we depended on the breach of the support level of 1.2710, heading for touching our first target of 1.2670, recording a low of 1.2674. Technically, and with a closer look at …
Read More »Pound Maintains Bullish Path
Oil, Crude, trading
Read More »Oil Tends to The Downside
Oil, Crude, trading
Read More »Gold Faces Selling Pressure
We committed to the intraday neutrality during the previous analysis, indicating that we are waiting to confirm the breach of the resistance level of 1845, to enhance the chances of a bullish move towards our first awaited target of 1851, Posting Highest price during the last session at 1855. Technically …
Read More »The Euro May Face Temporary Negative Pressure
Quiet trading dominated the movements of the euro against the US dollar during the previous trading session, in a positive path, posting a high of 1.2144. On the technical side today, and by looking at the 60-minute chart, we find that there is a beginning of a decline in momentum, …
Read More »US: Annual Core CPI Edges lower to 1.4% in January
Inflation in the US, as measured by the Consumer Price Index (CPI), declined to 0.3% on a monthly basis in January, the data published by the US Bureau of Labor Statistics showed on Wednesday. On a yearly basis, the CPI stayed unchanged at 1.4%. the Core CPI, which excludes food …
Read More »UK PM Johnson: We Have to Get Used to Idea of Revaccinating
British Prime Minister Boris Johnson said on Wednesday that they are going to have to get used to the idea of revaccinating, as reported by Reuters. “The border policy is measured, proportionate and getting tougher next week,” Johnson said.
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