GBP/JPY touched the first bearish target published during the last analysis, located at 156.10, recording its lowest level at 156.06. The intraday movements of the pair are witnessing a slight bullish tendency as building on the support of 156.00, in addition to the attempts of the stochastic indicator to obtain …

The technical outlook is unchanged, and the movements of the Canadian dollar did not change significantly within a stable sideways price range from below the 1.2665 support floor and from above below the 1.2730 resistance level. Technically, and carefully looking at the 4-hour chart, we notice the positive crossover signs …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices achieved noticeable gains during the previous trading session, attacking the psychological barrier of 1900 within the ascending path, in which we relied on consolidation above the level of 1878, explaining that push to visit 1892, recording the highest of 1901 during the early trading of the …

The Euro continues to attempt to rise against the US dollar, but still limited, unable to consolidate above the main supply point published during the current week’s reports at 1.1380, which keeps the technical outlook unchanged. From the technical analysis point of view today, the current movements of the Euro …

There were 248,000 initial claims for unemployment benefits in the US during the week ending February 12, the data published by the US Department of Labor (DOL) revealed on Thursday. This was above the median economist forecast for 219,000 initial claims and was also above last week’s 225,000 reading, which …

The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it left its policy (one-week repo) rate unchanged at 14% as expected.

Oil prices fell on Thursday as talks to revive a nuclear deal with Iran entered their final stages, but tension between Russia and the West over Ukraine limited losses. Brent crude fell $1.26, or 1.3 percent, to $93.55 a barrel. US West Texas Intermediate crude fell 1.34 dollars, equivalent to …

The dollar stabilized on Thursday and the Japanese yen held on to earlier gains after a Russian news report of mortar fire in eastern Ukraine rocked markets and boosted appetite for safe-haven assets. Russia-backed rebels accused Ukrainian forces of bombing lands they control in violation of agreements aimed at ending …