The German DAX index touched the awaited target during the last trading session at 14,980, to record its lowest price of 14,988. On the technical side today, by looking at the 60-minute chart, we notice the 50-day moving average trying to push the price to the upside, in addition to …

Oil, Crude, trading

GBP/JPY succeeded in achieving the expected positive outlook, touching the second target to be achieved at 152.10, recording the highest level at 152.16. On the technical side, the intraday trading stability is above 151.50, and in general above 151.10, which supports the possibility of continuing the rise accompanied by the …

The Canadian dollar provided negative trading yesterday after it failed during the previous session to maintain trading above the strong support at 1.2600, to record the pair’s lowest level at 1.2545. Technically, we notice the return of the intraday stability above the psychological support 1.2. Furthermore, by looking at the …

Oil, Crude, trading

Oil, Crude, trading

For the third consecutive session, the movements of the yellow metal are witnessing attempts to rise with the aim of retesting the pivotal resistance level at 1770, unable to breach it so far, which forced it to trade negatively during the early trading of the current session, stable around the …

The euro’s trading tended to the negative and it is still maintaining its bearish path against the US dollar for the third consecutive session, within the same technical conditions. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the simple moving …

The business activity in the US service sector continued to expand in September albeit at a softer pace than it did in August with IHS Markit’s Services PMI retreating to 54.9 (final) from 55.1 in August. Nevertheless, this reading came in higher than the advanced estimate and the market expectation …

Canada’s merchandise trade surplus with the world widened to C$1.94 billion in August from C$736 million in July, the monthly data published by Statistics Canada revealed on Tuesday. This reading beat the market expectation for a surplus of C$0.35 billion by a wide margin.