German stocks led European stock markets lower on Tuesday after a bigger-than-expected rise in inflation in Germany, the region’s largest economy, raised fears of tightening measures from central banks. Investors are now awaiting annual inflation data in the eurozone for the month of May, which is expected to be released …
Read More »German DAX extends its gains 31/5/2022
Oil, Crude, trading
Read More »Dow Jones continues the bullish path 31/5/2022
Oil, Crude, trading
Read More »GBP/JPY: touches the bullish target 31/5/2022
During the last session, the British pound jumped against its Japanese counterpart, within the expected positive outlook during the previous analysis, touching the required target at 161.45, recording its highest level at 161.97. On the technical side today, the pair’s pivot above the support level of 160.50 supports the continuation …
Read More »CAD continues its gradual decline 31/5/2022
Negative trading continued to dominate the movements of the Canadian dollar within the expected negative outlook during the last analysis, in which we relied on confirming the pair’s breach of the 1.2770 support level, touching the first target that is required to be touched, 1.2665, recording its lowest level during …
Read More »GBP is facing temporary negative pressure 31/5/2022
Oil, Crude, trading
Read More »Gold is trying to get rid of negativity 31/5/2022
Gold prices managed to touch the first target published during the previous analysis, located at the price of 1865, recording its highest level during the first trading sessions of this week around 1865. Technically, prices fell within a limited bearish slope that aimed to retest the 1850 support level, and …
Read More »The euro faces a re-test scenario 31/5/2022
Amid quiet trading, the single European currency maintained its positive stability within the expected bullish path during the previous analysis, with a gradual rise towards the required target of 1.0800, recording the highest during the last session’s trading of 1.0787. Technically, today, the current movements of the pair are witnessing …
Read More »Noor Capital | Dubai TV Mohammed Hashad’s Interview, 30 May 2022
In an interview on Dubai TV, Mohammed Hashad, Head of Research and Development Department at Noor Capital and a member of the US Society of Technical Analysts, commented on the latest developments of the financial markets The fear of the shortage of supplies led the American crude oil to the …
Read More »Canada: Q1 Current Account rises to C$5B versus C$3.2B expected
Canada’s Current Account for Q1 rose to C$5.0B from -C$0.1B in Q4 2021, bigger than the expected jump to C$3.2B, data released by Statistics Canada on Monday revealed. Positive moves in global commodity markets helped boost Canadian exports last quarter, and will likely do the same in Q2.
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