Several European indices hit record highs on Tuesday, buoyed by signs of easing tensions between the United States and China, solid business results, and dovish comments from the European Central Bank chief. The pan-European Stoxx 600 index rose 0.1 percent by 0829 GMT, adding to the recent record gains, as …
Read More »Market Drivers – Asian Session 16-11-2021
The Nikkei index rose 0.11 percent to 29,808.12 points, while the broader Topix index also rose 0.11 percent to 2,050.83 points. During the session, investors watched a meeting between US President Joe Biden and Chinese President Xi Jinping. The Japanese indices rose after Chinese state media published a report that …
Read More »Japanese Stocks Close Slightly Higher in Limited Trading
Japanese stocks closed slightly higher on Tuesday, erasing most of their gains during the day due to the lack of any market movement news, but gains by companies with positive expectations supported the overall trend of stocks. The Nikkei index rose 0.11 percent to 29,808.12 points, while the broader Topix …
Read More »German Dax Repeat Rising Chances
The German DAX index returned some noticeable gains, canceling the expected bearish scenario during the previous report, recording its highest level at 16,144. Technically, today we tend to be cautiously optimistic, relying on the price moving above the 50-day moving average, coinciding with the attempts of stochastic to obtain more …
Read More »Dow Jones is Making Good Gains
Oil, Crude, trading
Read More »GBP/JPY: Touches The First Target
The British pound managed to touch the retest target published during the previous analysis, at 153.50, recording its highest level during the early trading of the current session, 153.48. Technically, the pair’s success in building a support floor of 152.80 and the price stability above the 50-day moving average increases …
Read More »The Canadian Dollar Re-tested Support
The Canadian dollar has restored the strong support level mentioned in the last report at 1.2500 and still seeks to maintain the bullish corrective slope stable above 1.2480. Technically and carefully looking at the 4-hour chart, we notice the arrival of the stochastic indicator around the overbought areas, in addition …
Read More »British Pound Unchanged
Oil, Crude, trading
Read More »Oil May Witness a Temporary Rise
Oil, Crude, trading
Read More »Gold Continues to Struggle
Gold prices continued forming an ascending attack to retest the key resistance level at 1768 after retesting the 1755 support floor. Technically, we notice that gold continues to obtain a positive stimulus from the 50-day moving average, which continues to hold the price below, supporting the bullish price curve, accompanied …
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