European stocks fell on Friday, pressured by rising bond yields, and comments by Federal Reserve Chairman Jerome Powell undermined investors’ hopes that interest rates would peak. The European STOXX 600 index fell 0.4 percent by 0810 GMT, but is still heading for gains for the second week. Fed officials, including …
Read More »Nasdaq below sub-resistance 10/11/2023
Oil, Crude, trading
Read More »Dow Jones breaks support 10/11/2023
Oil, Crude, trading
Read More »CAD attempts to climb continue 10/11/2023
The technical outlook for the Canadian dollar remains consistent, with no significant alterations in its movements. The currency continues to exhibit positive stability, initiating an assault on the psychological barrier resistance level of 1.3800, reaching its peak at 1.3816. From a technical analysis perspective today, our trading inclination leans towards …
Read More »USD/JPY continues to rise 10/11/2023
japanese-yen
Read More »GBP: Negative Pressure Remains 10/11/2023
Oil, Crude, trading
Read More »Oil hits the resistance 10/11/2023
The crucial resistance level highlighted in the preceding technical report at $77.00 proved to be a formidable barrier, intensifying negative sentiments on US crude oil futures. The market maintained negative stability, reaching its nadir at $75.25 per barrel. A detailed examination of the 240-minute timeframe chart reveals a sustained negative …
Read More »Gold may resume decline 10/11/2023
Gold prices have successfully established a robust support level at 1945, as highlighted in our previous report. The price’s ability to consolidate above this level could potentially lead to a retest of 1966. Examining the technical aspects today, on the 4-hour timeframe chart, the price remains below the formidable resistance …
Read More »Euro Negativity: Confirmation Required 10/11/2023
“We maintained a neutral stance in our intraday analysis due to conflicting technical signals and the trading range bound by 1.0640 as the lower limit and 1.0760 as the upper limit. In today’s technical outlook, we are leaning towards a bearish bias, noting the initial formation of a bearish pattern …
Read More »Ukraine: The alternative export corridor in the Black Sea is operating despite the Russian attack
Ukraine’s alternative export corridor in the Black Sea is still operational despite the recent Russian attack on a Ukrainian civilian ship, Ukrainian Deputy Prime Minister Oleksandr Kubrakov said on Thursday, November 9. Ukrainian officials said on Wednesday that a Russian missile damaged a civilian ship flying the Liberian flag that …
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