The EUR/USD pair experienced a downturn, directing trades towards a reevaluation of the key support level highlighted in the previous report at 1.0860. In today’s technical analysis, a meticulous examination of the 4-hour time frame chart reveals a successful retest of the 1.0860 support, marked by the 50.0% Fibonacci retracement. …

European stocks rose to a two-month high on Wednesday, led by media and real estate stocks, and Sage Software jumped to a record high after announcing strong annual operating profits. The European STOXX 600 index rose 0.2 percent by 0807 GMT, after largely quiet trading so far this week. Real …

Japan’s Nikkei index rose on Wednesday, recovering from declines recorded early in the session, as the decline in the yen supported shares of export companies, but shares of chip manufacturers fell. The Nikkei rose 0.29 percent to close at 33,451.83 points. The broader Topix index rose 0.44 percent. Cyber Agent …

Gold prices fell on Wednesday to less than $2,000 as the dollar stabilized after its decline over the past few days, but expectations that the Federal Reserve had reached the end of the monetary tightening cycle limited the decline in gold prices. Gold fell in spot transactions by 0.1 percent …

The dollar stabilized slightly on Wednesday, but remained not far from the lowest level in two and a half months against a basket of currencies after the statement of the latest Federal Reserve meeting did not indicate anything significant to rule out expectations that the interest rate hike cycle was …

Oil, Crude, trading

Oil, Crude, trading

The technical situation for the pair remains unchanged, with no significant shifts over the past three sessions. The pair continues to exhibit negative stability after encountering a robust resistance level around 1.3770. From a technical standpoint today, examining the 4-hour time frame chart reveals the formation of a resistance level …

japanese-yen

Oil, Crude, trading