European stocks were affected for the third day in a row on Wednesday by the significant effects on US and European stock returns in general due to the presence of a large number of investors for the idea and thus the severe negative impact of the small run out. The …
Read More »Yen is close to 150 to USD amid speculation that authorities have intervened
On Wednesday, the Japanese yen fell slightly against the dollar after its unexpected rise in the previous session, which raised speculation that the Japanese authorities intervened to support the currency. The Japanese currency fell slightly to 149.12 to the dollar in early Asian trading, after jumping about two percent during …
Read More »Oil fell amid fears of rising interest rates and ahead of an OPEC+ meeting
Oil prices fell on Wednesday ahead of a meeting of a committee of OPEC+ ministers as the market balanced expectations of supply shortages with fears that higher interest rates would reduce demand for oil. Brent crude futures fell six cents to $90.86 a barrel by 0345 GMT, while US West …
Read More »Nasdaq breaks support 4/10/2023
Oil, Crude, trading
Read More »Dow Jones touches down on the extended target 4/10/2023
Oil, Crude, trading
Read More »CAD:positivity remains 4/10/2023
A gradual rise for the Canadian dollar within the expected positive outlook during the previous technical report, approaching a few points from the published target of 1.3750, recording its highest level of 1.3737. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …
Read More »JPY to be watched closely 4/10/2023
japanese-yen
Read More »GBP continues its gradual decline 4/10/2023
Oil, Crude, trading
Read More »Oil is stable below resistance 4/10/2023
Mixed trading dominated the prices of US crude oil futures contracts to temporarily reverse the expected downward trend, indicating that the attempt to stabilize trading above 89.40 is leading oil prices to retest 90.40, recording its highest level of $89.23 per barrel. Technically, oil prices failed to maintain their trading …
Read More »Gold is trying to find a bottom 4/10/2023
The technical outlook remains unchanged, and gold’s movements did not change significantly, trying to retest the 1830 resistance level, maintaining negative stability below it. Technically, the simple moving averages are still a factor of negative pressure on the price from above, in addition to the stability of intraday trading below …
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