Japanese shares rallied on Wednesday after losses for two consecutive sessions, and the technology sector led the gains, tracking its US counterpart after signs of easing tensions between Russia and Ukraine pushed Wall Street to a sharp rise. The Nikkei index jumped 2.2 percent to close at 27,460.40 points, while …

The German DAX index jumped, achieving notable gains, recording its highest level at 15,426, moving away from the pivotal support level 15,000. On the technical side, today, there may be a possibility to resume the rise that started yesterday due to the positive motive coming from the 50-day moving average, …

Oil, Crude, trading

During yesterday’s trading session, the Pound Sterling presented positive trades, benefiting from a base at the 156.20 support level, recording its highest level near the pivotal resistance 157.00. On the technical side, the pair is trying to consolidate above 156.20, accompanied by the positive attempts of the stochastic indicator, in …

Limited sideways trading tends to the little positivity above the psychological support level of 1.2700 and below the resistance level of 1.2770. Technically, the 50-day SMA is trying to provide a positive motive and the attempts of Stochastic to obtain more bullish momentum. With intraday trading remaining above the breached …

Oil, Crude, trading

Oil, Crude, trading

Mixed movements dominated the gold prices during the last trading session, recording the highest level at 1880, which formed a negative pressure factor that forced the price to retreat strongly towards the retest of 1844. On the technical side, today, and carefully looking at the 4-hour chart, we notice the …

The movements of the Euro against the US dollar witnessed a mixed session, approaching by a few points from the first official station targeted in the previous analysis at 1.1510, posting the highest level of 1.1495, to trade again on the negative side as approaching the resistance level of the …

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. MoM, PPI came in at 1.0% in January, well above expectations for a 0.5% MoM gain. Core PPI metrics were …