Japan’s Nikkei rose for a second session on Thursday, boosted by technology and travel stocks, tracking gains made by Wall Street Thursday night. The Nikkei ended the session up 1.22 percent to 27,172 points, to close above the 27,000 points level for the first time since the sixth of April. …
Read More »Oil Prices Fall Amid Mixed Signals on Supplies
Oil prices fell on Thursday in limited trading ahead of a public holiday, as traders weighed the impact of a larger-than-expected rise in US oil inventories in the face of global supply shortages. By 0632 GMT, Brent crude futures fell $1.14, or 1.1 percent, to $107.64 a barrel, while the …
Read More »ECB Preview: Forecasts From 6 Major Banks, Set to Signal Tighter Policy
The European Central Bank ‘ECB’ will announce its decision on monetary policy on Thursday, April 14, at 11:45 GMT. As we get closer to the release time, here are the expectations of the economists and forecasters of 6 major banks. The European Central Bank is expected to leave key rates …
Read More »German Dax Starts Positively 14/4/2022
Oil, Crude, trading
Read More »Dow Jones is Building on Support Amid Mixed Trading 14/4/2022
Oil, Crude, trading
Read More »CAD Stopped Bullish Bounce 14/4/2022
During the previous trading session, the Canadian dollar declined noticeably to stop the expected bullish bounce mentioned in the last analysis. The resistance levels of 1.2675 succeeded in limiting the bullish rebound, which forced the pair to retest 1.2560. Technically, with the price stability below the 1.2590 level, 38.20% Fibonacci …
Read More »The pound is Building on Support, Eyes on Pivotal Resistance 14/4/2022
Oil, Crude, trading
Read More »Gold Hits The Resistance 14/4/2022
Gold’s attempts to maintain bullish stability continued after retested the 1956 support level. Still, prices hit the resistance level published during the previous analysis at the 1980 price, explaining that resuming the rise requires breaching this level. Technically, today, we notice that the resistance level of the ascending price channel …
Read More »The Euro Building on Support, eyes on ECB 14/4/2022
The euro’s movements witnessed a limited bullish tendency after finding a solid support floor near the psychological barrier of 1.0800, which helped the pair make a bullish bounce to test the 1.0900 resistance level. Technically and carefully considering the 4-hour chart, we notice that the 50-day moving average is still …
Read More »Bitcoin at its lowest level in three weeks
Cryptocurrencies continued to slide to their lowest levels in three weeks, as inflation in the United Kingdom raised persistent concerns about the health of the global economy. Bitcoin rose 0.3% to $40,134, but was still flat above the $40,000 key support level. Ethereum, the closest competitor by market capitalization, gained …
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