Mixed trades dominated the movements of the Dow Jones Industrial Average during the last session’s trading. We indicated that the breach of the 31,550 minor resistance level will immediately stop the expected scenario and restore the index to recover again to complete the official bullish path with a target of …

A gradual decline to the downside dominated the movement of the pound sterling against the Japanese yen, after finding a strong resistance level near 147.50 within a bearish tendency, recording the lowest price at 146.40. On the technical side, today there is a conflict between the obvious positive signs on …

The Canadian dollar provided positive trades during the previous trading session within the technique of re-testing the resistance indicated during the previous analysis at 1.2740, recording its highest level at 1.2746. Technically, we find the price is stable above the previously breached resistance level, which has now turned to the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices were exposed to a strong downward wave, as we expected in the previous analysis, touching the first target to be achieved at 1777, approaching a few points from the official target of 1765, to record the lowest price of 1769. Technically, the intraday trading remains below the resistance …

The Euro managed to achieve the bearish scenario, as we expected and mentioned in the previous analysis, after it confirmed the break of 1.2085, heading directly towards the second official target of 1.2020. Technically speaking, and by looking at the 240-minute chart, we find the pair is stable below the …

European stocks retreated from nearly a year highs, as concerns about a possible increase in inflation undermined optimism about the economic recovery led by vaccines, while Kering fell after sales of its Gucci brand fell more than expected. Shares of the French group, which also owns the Saint Laurent brand, …

The unemployment rate in France decreased to levels before the Coronavirus Pandemic in the last quarter of 2020 despite the data being affected in part by the six-week lockdown measures to confront the COVID-19 outbreak, during which job seekers were unable to register themselves unemployed, According to the National Institute …

The Dow Jones Industrial Average hit a record high today, Tuesday, supported by gains in the sectors related to the economic cycle, amid hopes of more financial stimulus to pull the US economy out of the recession sparked by the Coronavirus pandemic. But the Nasdaq index fell, affected by losses …