A survey showed on Monday, October 4th, that investor sentiment in the eurozone fell for the third consecutive month in October and reached its lowest level since April amid a lackluster economic outlook. The Sentix index for the eurozone fell to 16.9 from 19.6 in September. A Reuters survey had …

Data showed Monday, October 4, that Turkey’s inflation rose slightly less than expected to 19.58% y/y in September from 19.25% in August, the highest level since March 2019, taking real yields further into losses after the central bank cut interest rates. to 18%. On a monthly basis, the Turkish Statistical …

OPEC+ sources told Reuters that it is likely that OPEC and its allies will stick to their current agreement to add 400,000 barrels per day of oil to the market in November, despite pressure from consumers to calm a market witnessing heavy demand for oil. Ministers of the Organization of …

Negative trading dominates the German DAX index movements, settling around the lowest level during today’s trading session at 15,080. Technically, and with the stability of trading below support-into-resistance 15280 level, accompanied by the negative pressure of the simple moving averages. This increases the possibility that we will witness a downward …

Oil, Crude, trading

Negativity continues to dominate the pound sterling’s movements against its Japanese counterpart, hitting its lowest level at the end of last week’s trading around 149.20. On the technical side today, we are inclined to the negativity, relying on the negative signals coming from the stochastic indicator and the stability of …

The Canadian dollar faced intense negative pressure at the end of last week’s trading. It started the first weekly trading with a bearish tendency; after it failed to settle above the 1.2665 level, it started the first weekly trading with a bearish tendency. Technically, we notice a contradiction between the …

Oil, Crude, trading

Oil, Crude, trading

Gold’s movements are witnessing rebound attacks to the upside, which aimed to retest the 1767 resistance level after a, which recorded its lowest level around the 1722 bottom. On the technical side, we find gold collided with the resistance level of the descending price channel shown on the graph, which …