European stocks opened higher on Monday, supported by the rise of energy stocks, with the rise in global oil prices, and the rise in health care stocks, thanks to the strong performance of the Danish pharmaceutical company, Novo Nordisk. The pan-European Stoxx 600 index was up 0.4 percent by 0712 …
Read More »Gold regains its balance as all eyes turn to the Central Banks meeting
Gold prices rose from five-month lows on Monday, after falling in the past five sessions, as investors’ focus turned to a meeting of central bankers in Jackson Hole, Wyoming, this week in anticipation of their outlook on the economy and interest rates. Spot gold rose 0.3% to $1,892.88 an ounce …
Read More »The Japanese Nikkei index rises and ends a 3-day losing streak
Japan’s Nikkei closed higher on Monday as investors tread carefully after last week’s huge losses and weather disappointment over China’s small interest rate cut. The Nikkei ended trading up 0.37 percent at 31,565.64 points on Monday, ending a three-day losing streak. The index fell 3.15 percent last week, its worst …
Read More »Nasdaq retested resistance 21/8/2023
Oil, Crude, trading
Read More »Dow Jones may resume decline 21/8/2023
Oil, Crude, trading
Read More »CAD maintains positive stability 21/8/2023
The technical outlook remains unchanged as the pair continues to gradually maintain its bullish path, maintaining its positive stability above the support level of 1.3500. From the point of view of technical analysis today, the 50-day simple moving average is still holding the price from below, in addition to the …
Read More »JPY retests the target 21/8/2023
japanese-yen
Read More »GBP is on a side track 21/8/2023
Oil, Crude, trading
Read More »Oil breaks through resistance 21/8/2023
US crude oil futures prices recovered by the end of last week’s trading after a session of successive declines, and the support level of 79.60 succeeded in limiting the bullish tendency to reverse the bearish trend temporarily. As a reminder, we indicated during the latest technical report that the price’s …
Read More »Gold: the continuation of the decline is a valid scenario 21/8/2023
Gold prices continued the expected downward path, reaching the first main station of the current downward wave, at the expected target of 1885, recording its lowest level during the early trading of today’s session, $1885 per ounce. Today’s technical vision indicates the possibility of witnessing an attempt to establish support …
Read More »