European shares rose after their Asian counterparts rose on Monday, August 23 after a brutal sell-off last week on worries about global growth, while investors awaited a series of business data. The STOXX 600 index of European shares rose 0.6% by 07:14 GMT after fears of rising Covid-19 cases and …

Japan’s Nikkei index jumped Monday, August 23, after falling to an eight-month low in the previous session, as auto stocks rebounded from losses after Toyota Motor announced a 40% cut in global production next month. Nikkei climbed 1.78% to 27,494.24 thanks to bargain hunting, after hitting its lowest level since …

The German DAX index provided positive trades at the end of last week’s trading, benefiting from a base at the 15,645 support level. On the technical side today, we tend to the positive side, relying on the stability of the intraday trading above 15,740, accompanied by the attempts of the …

Oil, Crude, trading

Negative trading dominated the movements of the pound sterling against the Japanese yen at the end of last week’s trading, touching the first target at 149.10, recording the lowest of 149.16. On the technical side, there are positive crossover signs that started appearing on stochastic, in addition to stabilizing intraday …

The Canadian dollar jumped, maintaining the series of gains that it achieved recently, as we expected, touching our official target for the previous report at 1.2930, to record the highest level at 1.2950. Technically, the pair found a strong resistance level around 1.2950, which forced it to retreat to retest …

Oil, Crude, trading

Oil, Crude, trading

We remained neutral during the report published last Friday due to the conflicting technical signals. Prices are still fluctuating within a sideways slope confined from below above the strong support level 1774 and on the downside at 1790. Technically, with careful consideration on the chart, we notice the negative pressure …

The single European currency benefited from the support level published in the previous analysis at 1.1665, explaining that breaking this level is a condition to continue resuming the rise and forced the pair to rebound the limited upside to retest 1.1700. On the technical side today, despite the current bullish …