European shares rose slightly Thursday, December 9, after positive comments from vaccine manufacturers calmed some concerns about the new mutated Omicron from the Coronavirus, while Deutsche Bank shares fell after reports that it may have violated a criminal settlement. The pan-European Stoxx 600 index rose 0.3%, after declining 0.6% in …

Data on Thursday, December 9th, showed that German exports increased much more than expected in October despite persistent supply bottlenecks in the manufacturing sector, suggesting that Europe’s largest economy may be on the way to recovery. The Federal Statistics Office said that exports, after adjusting for seasonal factors, increased by …

The German DAX index maintains its recorded gains, reaching 15,830 within an upward slope, benefiting from the positive stability above 15,650. Technically, we tend to the positivity, relying on the stability of the intraday trading above 15,560, which is accompanied by the positive motive of the 50-day moving average and …

Oil, Crude, trading

During yesterday’s trading session, GBP/JPY witnessed noticeable losses within the expected negative outlook during the last analysis, targeting 149.50, recording its lowest level at 149.40. On the technical side, the bearish trend is still the most preferred today, based on the clear negative signs on stochastic that come in conjunction …

In a trading session in the red, the Canadian dollar declined in the minor bearish corrective path we mentioned yesterday, touching the required target of 1.2595, recording its lowest level at 1.2600. From the technical analysis point of view today, the pair’s current moves are witnessing a rebound to the …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is unchanged, and there has been no significant change in gold’s movements, maintaining the same technical conditions within the short trend, with unclear targets so far. Technically, despite the temporary bullish bounce, gold prices are still moving within an unclear short direction, between minor corrections, detected from …

The single European currency succeeded in achieving the gradual rise target referred to during the previous report, at 1.1330, recording its highest level at 1.1354, benefiting from the strong demand level of 1.1260. Technically, today, and with careful consideration on the 4-hour chart, we notice that the moving averages continue …