The technical outlook remains unchanged, and the pair’s movements have not significantly changed, maintaining the positive stability that began yesterday’s session, stable above 1.3440. Technically, we are leaning towards positivity in our trading, but with caution, provided that we witness a clear breach of the pivotal resistance level at the …

japanese-yen

Oil, Crude, trading

US crude oil futures prices declined during the previous trading session within the expected downward correction, touching the first downward correction target of 89.40, recording its lowest level of 89.08. Technically, by looking at the 4-hour time frame chart, we find that the simple moving averages have returned to pressure …

We remained neutral for the second session in a row, explaining that we are waiting for gold prices to release from the sideways range confined from the bottom above 1913 and from the top below 1930. Technically, today we find that gold prices have begun to put pressure on the …

The US dollar pair continues to move in the downward trend as we expected after it found a strong resistance level around 1.0680, which forced the pair to trade negatively, approaching by a few points the target published in the previous report of 1.0550, recording its lowest level of 1.0570. …

The main German IFO Business Climate Index fell to 85.7 in September, down from 85.8 in August. This number was slightly higher than the market forecast of 85.2. The Current Economic Assessment fell to 88.7 from 89.0 in the same time, but the Expectations Index, which measures firms’ expectations for …

A government document showed on Monday that the Russian government agreed to some amendments to the fuel export ban, lifting restrictions on fuel used to supply some ships, and diesel that contains a high percentage of sulfur. Moscow also lifted restrictions on the export of fuel that Russian Railways and …

European stocks began trading in the last week of the third quarter of the year with a decline, as investors became concerned about the tendency for interest rates to remain high for a longer period, and the weakness of shares of companies exposed to China pressured the index. The European …

Japan’s Nikkei index rose strongly on Monday as investors bought back stocks whose prices had fallen after the index recorded its worst weekly performance in 2023. The Nikkei rose 0.85 percent to end trading at 32,678.62 points. The broader Topix index also rose 0.39 percent. Last week, the Nikkei fell …