The main European stock index fell on Friday due to declines in mining and technology stocks, as investors evaluated economic data and the start of a four-day truce between Israel and Hamas. By 0810 GMT, the European STOXX 600 index fell 0.1 percent, but was still on track to achieve …
Read More »Nasdaq is trying to consolidate 24/11/2023
Oil, Crude, trading
Read More »Dow Jones makes big gains 24/11/2023
Oil, Crude, trading
Read More »CAD waiting for a signal to move 24/11/2023
The Canadian dollar remains within a narrow-range side trading pattern, restricted from the bottom by the support level of 1.3680 and from the top by the resistance level of 1.3730. Analyzing the technical aspects on the 4-hour time frame chart, the 50-day simple moving average serves as an obstacle for …
Read More »USD/JPY is stable below resistance 24/11/2023
japanese-yen
Read More »GBP achieves the goal and positivity persists 24/11/2023
Oil, Crude, trading
Read More »Oil records limited gains 24/11/2023
Mixed trading characterized the movements of US crude oil futures contracts in the previous session, attempting to recover from losses and reaching its peak at $76.77 per barrel. From a technical perspective, a closer examination of the 4-hour timeframe chart reveals that despite the efforts to rise, they appear to …
Read More »Gold is on the sidelines 24/11/2023
Gold prices experienced narrow-range side trading during the American market holiday yesterday, with prices constrained from the bottom above 1977 and from the top below the psychological barrier of $2000. In terms of technical analysis today, the price demonstrates general stability above the main support level for the current trading …
Read More »Euro is trying to gradually rise 24/11/2023
The EUR/USD pair exhibited relatively subdued yet positive movements, persisting in its gradual ascent while maintaining favorable stability above 1.0860. Upon a more detailed examination of the 4-hour time frame chart from a technical perspective today, it becomes apparent that the pair has effectively retested the 1.0860 support, denoted by …
Read More »UK Preliminary Services PMI returns to expansion with 50.5 in November
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) for November came in at 46.7, surpassing expectations of 45.0 and marking an improvement from October’s final print of 44.8. In addition, the Preliminary UK Services Business Activity Index showed significant progress, reaching a four-month high of 50.5 in …
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