Japan’s Nikkei index rose on Tuesday to close above 30,000 points for the first time in 33 years, supported by technology stocks amid expectations of an influx of investment into chipmakers. The index continued its rise for the third consecutive session, increasing 1.8 percent to 33,018.65 points, surpassing the important …
Read More »Dollar is falling amid anticipation of US inflation data and central bank decisions
The dollar fell on Tuesday, but is trading in a narrow range, as investors remain cautious ahead of inflation data due in the United States later in the day, coinciding with the start of the Federal Reserve’s two-day monetary policy meeting. The Consumer Price Index report issued by the US …
Read More »Dow Jones heading higher 13/6/2023
Oil, Crude, trading
Read More »CAD: Canadian maintains negative stability 13/6/2023
The technical outlook is unchanged, and the Canadian dollar did not witness a significant technical change, maintaining the bearish context. The pair’s intraday movements are stable below the resistance level of 1.3390. Technically, the pair breached the support level at 1.3420 and turned into a resistance level according to reciprocating …
Read More »GBP retesting support 13/6/2023
Oil, Crude, trading
Read More »Oil is facing heavy selling 13/6/2023
US crude oil futures prices incurred significant losses during the last session’s trading within the expected downside trend. It touched the official target station at 67.80, recording its lowest level at $66.8 per barrel. Technically, by looking at the 240-minute chart, we find the continuation of the negative intersection of …
Read More »Gold Gold is uniform within the sideways trend 13/6/2023
Trading tended to negatively dominate the gold movements during the first trading sessions of this week. The sideways trend is still active and active, so the technical outlook remains unchanged. Over several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated …
Read More »Euro is successfully testing support 13/6/2023
. The technical outlook is unchanged, and for several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977. From the point of view of technical analysis, gold prices witnessed positive attempts, …
Read More »A pivotal week in global monetary policy is coming
Investors will be following the outcomes of monetary policy meetings in the United States, the European Union, and Japan this week, from Wednesday to Friday. Uncertainty over the trajectory of interest rates has recently been common as persistent inflation maintains firm in some places and begins to surrender in others. …
Read More »Oil fell amid anticipation of the US interest rate decision
Oil prices fell by $2 on Monday ahead of a Federal Reserve meeting as investors try to figure out the bank’s direction with regard to raising interest rates, while concerns about growing fuel demand in China and rising Russian crude supplies weighed on the market. Brent crude futures fell $1.91, …
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