The Turkish lira fell to new record levels against the US dollar, to break the barrier of 14 Lira to the dollar for the first time in its history after the S&P credit rating agency changed its outlook for the Turkish economy from stable to negative. The agency, S&P, said …
Read More »The Dollar is Rising And is Waiting For Positive Headlines
The dollar rose in early European trading on Monday at the start of a week that includes several central bank meetings, including the Federal Reserve. At the same time, concerns remain about the omicron mutating from Covid. The dollar index, which measures the greenback against a basket of six other …
Read More »Oil Rises on Optimism About Omicron
Oil prices rose on Monday, extending the gains made last Friday, supported by growing optimism that the impact of the mutated Omicron strain of the Coronavirus will be limited to global economic growth and fuel demand. US West Texas crude rose 69 cents, or 1.0 percent, to $72.36 a barrel, …
Read More »German Dax is Looking For Extra Momentum 13/12/2021
Positive trading dominated the movements of the German DAX index on the Frankfurt Stock Exchange, trying to build on a 15,450 support level to record its highest level at 15,686. On the technical side, the indicator needs more additional momentum to continue rising, and we notice that the RSI is …
Read More »Japan Shares Rise as Wall Street Rises
Japanese stocks closed higher on Monday, following in the footsteps of US stocks, and technology shares led the gains as investors looked confident in the economic recovery in a week of central bank meetings. The Nikkei index rose 0.71 percent to 28,640.49 points, its first gain in three sessions, when …
Read More »GBP/JPY: The Positivity is Still There 13/12/2021
During the previous analysis, GBP/JPY achieved the expected positive outlook, touching the first official target at 150.40, recording the highest at 150.50. Technically, and by looking at the 60-minute chart, we find the 50-day moving average, which provides a positive motive, accompanied by the positivity of the stochastic indicator. From …
Read More »The Canadian Dollar Attacking Resistance 13/12/2021
The technical outlook is unchanged; the Canadian dollar maintained positive stability after stabilizing above the 1.2660 support level. Technically, we tend to the positivity, relying on the pair’s building on the 1.2660 support level, which is accompanied by the positive motive for the 50-day moving average, which returned to hold …
Read More »Dow Jones Continues Its Gradual Rise 13/12/2021
Oil, Crude, trading
Read More »Sterling Retests Support 13/12/2021
Oil, Crude, trading
Read More »Oil Settles Above Support 13/12/2021
Oil, Crude, trading
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