European shares fell on Friday, as cautious investors awaited US jobs data and eurozone inflation for indications of the pace of major central banks tightening monetary policy. By 0819 GMT, the pan-European Stoxx 600 index was down 0.2 percent. The chemical and travel sectors faced pressure and fell for the …
Read More »Bitcoin Drops to Lowest Level Since September
On Friday, Bitcoin fell more than five percent to its lowest level since the end of September, falling below $41,000 in a broader sell-off in cryptocurrencies. Bitcoin fell 3.7 percent in its last trading after touching $40,938, its lowest since September 29. The world’s largest cryptocurrency has lost more than …
Read More »The Nikkei Index Recovers Its Losses
Japan’s Nikkei stock index recovered most of its morning losses to close almost flat on Friday as investors avoided big bets ahead of a major US jobs report and a three-day holiday in Japan. The Nikkei index ended trading down 0.03 percent to 28,478.56 points. The broader Topix index fell …
Read More »German Industrial Production Unexpectedly Drops in November
Industrial Production in Germany unexpectedly fell in November, the official data showed on Friday, suggesting that the recovery in the manufacturing sector is faltering. Eurozone’s economic powerhouse’s industrial output fell by 0.2% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, vs. a 1.0% …
Read More »German Dax Presses Support 7/1/2022
Negative trading dominated the movements of the German DAX index after it found a strong resistance level around 16,140, which forced it to trade negatively again and hover around its lowest level during the early trading of the current session 15,970. On the technical side, the bearish bias may be …
Read More »Dow Jones Resumes Decline Ahead of US Employment Data 7/1/2022
Oil, Crude, trading
Read More »GBP/JPY: Stable Below Resistance 7/1/2022
GBP/JPY touched the mentioned bearish target during the previous report, at 156.00, recording the lowest price at 156.10. On the technical side today, despite moving above the 50-day moving average, we tend to the negativity, relying on the stability of the daily trading below the main resistance level 157.60/157.50, in …
Read More »Canadian Dollar is Waiting For a Signals 7/1/2022
The Canadian dollar declined after it hit the resistance of the psychological barrier 1.2800 and failed to stabilize for a long time above it, return to trading with a clear negative and retest the support level of the psychological barrier 1.2700. Technically, by carefully looking at the 4-hour chart, we …
Read More »The Pound is Waiting For Pending Orders 7/1/2022
Oil, Crude, trading
Read More »Oil Extends Its Gains 7/1/2022
Oil, Crude, trading
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