The dollar stabilized in cautious trading on Monday and kept the yen near the 150 level, as traders awaited financial policy decisions from the Bank of Japan this week, meetings of major central banks, and a series of important economic data from around the world. On Monday, the Bank of …
Read More »Nikkei index closed lower ahead of the US and Japanese central bank meetings
Japan’s Nikkei index fell on Monday, tracking declines on Wall Street in the previous session and affected by caution ahead of meetings of the Japanese and US central banks. The Nikkei index closed down 0.95 percent at 30,696.96 points, while the broader Topix index closed down 1.04 percent at 2,231.24 …
Read More »Oil falls by one percent ahead of Data
On Monday, oil prices fell by more than 1% as investors exercised caution in anticipation of the Federal Reserve’s monetary policy meeting and China’s manufacturing data release later in the week. This caution overshadowed the support generated by heightened tensions in the Middle East. At 0350 GMT, Brent crude futures …
Read More »Nasdaq Index Under Negative Pressure 30/10/2023
Oil, Crude, trading
Read More »Dow Jones suffers huge losses 30/10/2023
Oil, Crude, trading
Read More »CAD May Extend Its Gains 30/10/2023
As anticipated in our previous technical report, the Canadian dollar successfully reached its upward target at 1.3880, marking its peak at this level. From a technical perspective, a positive outlook persists, supported by the 50-day simple moving average and stable intraday trading above the 1.3815 support level. As long as …
Read More »USD/JPY Could Initiate a Downward Correction 30/10/2023
japanese-yen
Read More »GBP Undergoes Negative Pressure 30/10/2023
Oil, Crude, trading
Read More »Close Monitoring Essential for Oil 30/10/2023
In the latest analysis, US crude oil futures achieved the anticipated retest, reaching the target of $85.65 and even surpassing expectations at $85.85 per barrel. Examining the technical indicators, the 50-day simple moving average continues to exert pressure from above, while intraday trading remains below the extended resistance levels of …
Read More »Gold Surges Past $2000 Mark: Optimism Prevails 30/10/2023
In a thrilling turn, gold prices experienced a remarkable surge in last Friday’s trading session, far surpassing market expectations and reaching a pinnacle of success. The bullish trend, as anticipated in the previous technical report, not only met but exceeded its second official target of $2002, soaring to an impressive …
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