A survey showed that economic activity in the Eurozone recorded a more severe contraction than previously thought at the end of 2020 and may deteriorate further with the renewal of the general isolation restrictions imposed to contain the Coronavirus, which has affected the services sector that dominates the bloc. With …

The UK services sector activity contracted more-than-expected in December, the final report from IHS Markit confirmed this Monday. The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised lower to 49.4 in December versus 49.9 expected and a 49.9 – December’s flash reading.

Bitcoin traded as high as $35,000 for the first time during the Asian session on Wednesday, rising to its highest level at $ 35,879, extending its rise by more than 800% since mid-March. The world’s most popular cryptocurrency crossed $ 20,000 for the first time ever on December 16.

European stocks rose on Wednesday, and sectors severely affected by the economy, such as energy and banking, gained as investors awaited the Democrats’ victory in the important run-off election in Georgia over two US Senate seats, which could lead to greater fiscal stimulus. A slight rise in the Stoxx 600 …

Japanese stocks closed lower on Wednesday, amid uncertainty surrounding the results of two-seat re-election for the US Senate in Georgia, as sentiment hurt the prospect of declaring a state of emergency in Tokyo and surrounding cities this week. The Nikkei index ended the session down to about 28 thousand points …

Bitcoin continues to achieve record gains, as we see the price touching the 35,800 during the previous session’s. On the technical side, we tend to be positive, depending on the price stability above the 50-day moving average, in addition to intraday stability above 34500. Therefore, we believe that the opportunity …

The German DAX index is trading positively to achieve noticeable gains touching the level of 13,755. On the technical side, we are positive in our trading, relying on the intraday trading stability above 13,550 accompanied by the stability of the RSI above the mid-50 line in addition to the stochastic …

Positive trading dominated the movements of the Dow Jones Industrial Average, recording its highest level 30,396. On the technical side, the intraday movements of the index are witnessing a bullish bias benefiting from the intraday stability above the psychological barrier 30,000 support floor, and we find that the RSI indicator …

Various moves took control of the pound sterling against its Japanese counterpart, as the current trading witnesses attempts by the pair to build a base on the floor of the support of 193.50. On the technical side, and with a closer look at the chart, we find a conflict in …

The Canadian dollar was able to retest the resistance at 1.2750 as we expected, but found a strong resistance level near the psychological barrier of 1.2800. Technically speaking, the pair is based above the support floor at 1.2650, which was accompanied by attempts by Stochastic to obtain additional momentum that …