The Dow Jones Industrial Average touched the first target to be achieved in the previous trading session at 30,045, reaching a high of 30,054. Technically, looking at the 60-minute chart, we find that the RSI indicator continues to defend the upside until the stochastic is positioned around overbought areas. Therefore, …

Positive trading dominated the movements of the pound sterling against its Japanese counterpart, touching the official target to be achieved yesterday, located at 140.35, posting a high of 140.31. On the technical side, today we find the price is stable above 139.30, and the RSI indicator is stable above the …

The technical outlook remains unchanged, and the Canadian dollar has not changed significantly, preserving negative stability. Technically, the technical factors indicate the possibility of continuing the decline, to find the simple moving averages continue negative pressure on the price from the top, accompanied by the obvious negative impact on the …

The pound sterling traded against US Dollar in a noticeable positive way, touching the second target to be achieved during the last analysis, located at 1.3430, to hit its highest level at 1.3442. On the technical side today, and with the pair’s success in building a base on the pivotal …

Oil, Crude, trading

Gold prices were able to achieve gains during the previous trading session, as part of a technical outlook for the simple upward correction within the downward trend indicated in the previous analysis, touching our required corrective target of 1800 to reach its highest level at 1817. Technically speaking, and by …

The single European currency continues to achieve gains against the US dollar within the bullish path, as we expected, touching the second target to be achieved yesterday, located at 1.2080, posting its highest level at 1.2083. Technically, and with a closer look at the 240-minute chart, the moving averages are …

The ISM’s Manufacturing PMI in November declined to 57.5 in November from 59.3 and fell short of analysts’ estimate of 58.

A survey on Tuesday (December 1st) showed that British factories registered the fastest growth in nearly three years last month as they stockpiled raw materials and scrambled to complete work before new customs rules after Britain’s exit from the European Union came into effect on January 1. The IHS Markit …

Real Gross Domestic Product (GDP) in Canada grew by 8.9% on a quarterly basis in the third quarter after contraction by 11.3% in the second quarter, the data published by Statistics Canada showed on Tuesday. On a yearly basis, the economy expanded by 40.5% in Q3 and missed the market …