Oil, Crude, trading

The British pound against the Japanese yen reversed the bearish trend as we expected, to return to stability again above the resistance level of 152.00, recording the highest price of 152.36 during the morning session of the current session. On the technical side today, and with the return of trading …

The Canadian dollar succeeded in touching the awaited official station during the previous analysis within the expected bearish path. Therefore, we relied on the price stability below 1.2600, heading to visit the official target of 1.2530, recording the lowest price at 1.2532. From the technical analysis point of view today, …

Oil, Crude, trading

Oil, Crude, trading

The pivotal resistance at 1768 managed to limit the bullish bias, and the gold price failed to breach it over several consecutive sessions. Today’s technical aspect indicates fluctuation within a sideways range between the 1768 resistance level, the 61.80% Fibonacci correction, and the 1747 support level. By looking at the …

The technical outlook is unchanged, and the euro’s movements did not change significantly against the US dollar for the third consecutive session, maintaining the negative stability. Technically, the euro retested the previously broken support level at 1.1570/1.1560, and the intraday movements are witnessing stability below the mentioned level. By looking …

The US Bureau of Labor Statistics will release the September jobs report on October 8. Following a disappointing increase of 235,000 in August, investors expect Nonfarm Payrolls to rebound and rise by 488,000 in September.  Will the US nonfarm payrolls report be the green signal for the Federal Reserve to …

There were 326,000 initial claims for unemployment benefits in the US during the week ending October 2, the data published by the US Department of Labor (DOL) revealed on Thursday. experts’ estimates agreed that US unemployment claims are expected to reach 348,000, and these numbers are positive. Yesterday, the ADP …

The EUR/GBP fell to its lowest level in nearly two months during European trade, with analysts looking to extend the decline below the key psychological level of 0.8500. The pair maintained its bid tone on Thursday and is poised to extend the slide to the 200-day SMA above mid-0.8600 and …