The dollar rose from its lowest level in three weeks on Tuesday, as traders in the market returned to buying it, especially against the counterpart currencies of higher risk, after it appeared that the Chinese authorities are seeking to curb the gains in the yuan that recorded recently. The Australian …

China’s exports in September rose by 9.9% year-on-year, in line with expectations, and imports grew at the fastest pace for this year, at 13.2% in the same period, well above expectations of a 0.3% rise. China’s exports rose by 10.2% in Q3 to $ 742.9 billion.

The positivity continues in German DAX index, remains within the bullish path and touches the first target expected in the previous analysis, 13155 posting high at 13161. Technically, we find the RSI tilted to the positive with the index stable above its 50-day moving average. We will maintain our positive …

The Dow Jones Industrial Average continues posting gains, touching the first target mentioned in the previous analysis at 28740, posting a high of 28,843. Technically speaking, looking at the 60-minute chart, we find that the index continues to get a positive sign from the 50 SMA, which continues to hold …

The pound was dominated by positive trading against the yen, after it managed to establish strong support around 136.60. Technically, we are biased towards the positivity based on the positive crossover signals coming from the stochastic indicator on the 240-minute time frame. A bullish bias will be likely today, provided …

The technical outlook remains unchanged, with little change in the pair’s movements, maintaining negative bias. Technically, we find that the pair is stable around the support level of 1.3120, with the simple moving averages continuing the negative pressure on prices with features of a bearish technical pattern on the 4-hour …

The British pound achieved noticeable gains against the US dollar during the previous trading session within the expected bullish path, touching the first target 1.3085, reaching high of 1.3083. On the technical side, we notice that 50-day moving average is still holding the price, meeting around the support level of …

Oil, Crude, trading

The resistance levels mentioned in the previous analysis at 1934 managed to halt the bullish bias as we expected and forced gold prices to retreat again. Technically, and looking at 240-minutes chart, we find that the negative signs are still dominating the stochastic, in conjunction with clear negative signs on …

Euro was trading in a narrow sideways range, and its movements against the US dollar did not witness notable change, and the pair maintained the bullish path. The technical outlook remains unchanged, and with a look at 240-minutes chart, we see that the SMA 50 is providing a positive motive …