Oil prices fell in early trading on Tuesday amid concerns that fuel demand will be affected by major central banks keeping interest rates high for longer, even as supply is expected to tighten. Brent crude futures fell 87 cents to $92.42 a barrel by 0630 GMT, while US West Texas …
Read More »Japan’s Nikkei closes lower as chip stocks decline
Japan’s Nikkei closed down more than 1 percent on Tuesday, dragged down by a decline in chip-related heavyweights, but losses were limited as investors bought value stocks for the right to dividends. The Nikkei index closed down 1.11 percent at 32,315.05 points. Treasury bond yields continued to rise, reaching their …
Read More »Nasdaq maintains a bearish path 26/9/2023
Oil, Crude, trading
Read More »Dow Jones hits bearish targets 26/9/2023
Oil, Crude, trading
Read More »CAD maintains positive stability 26/9/2023
The technical outlook remains unchanged, and the pair’s movements have not significantly changed, maintaining the positive stability that began yesterday’s session, stable above 1.3440. Technically, we are leaning towards positivity in our trading, but with caution, provided that we witness a clear breach of the pivotal resistance level at the …
Read More »USD/JPY touches the official target of the bullish wave 26/9/2023
japanese-yen
Read More »GBP continues to creep negative 26/9/2023
Oil, Crude, trading
Read More »Oil achieves the target of a downward correction 26/9/2023
US crude oil futures prices declined during the previous trading session within the expected downward correction, touching the first downward correction target of 89.40, recording its lowest level of 89.08. Technically, by looking at the 4-hour time frame chart, we find that the simple moving averages have returned to pressure …
Read More »Gold begins to press on the main support 26/9/2023
We remained neutral for the second session in a row, explaining that we are waiting for gold prices to release from the sideways range confined from the bottom above 1913 and from the top below 1930. Technically, today we find that gold prices have begun to put pressure on the …
Read More »Euro breaks support and negativity remains 26/9/2023
The US dollar pair continues to move in the downward trend as we expected after it found a strong resistance level around 1.0680, which forced the pair to trade negatively, approaching by a few points the target published in the previous report of 1.0550, recording its lowest level of 1.0570. …
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