The Japanese Nikkei index fell for the fourth consecutive session Tuesday, August 17th as concerns about the rapidly spreading delta strain of the Coronavirus overshadowed optimism about promising results for companies. The index closed down by 0.36% to 27424.47 points, erasing its previous gains, which amounted to 0.52%, following strong …

Mixed trading dominates the movements of the German DAX index, to start its daily trading on a descending price gap, recording its lowest price of 15,850. On the technical side today, and with a careful look at the 60-minute chart, we find the 50-day moving average pressing the price from …

Oil, Crude, trading

The pound sterling against the Japanese yen remarkably declined to touch the second target during the previous trading session, at 151.30, recording its lowest level at 150.92. Technically, we are inclined to the intraday positivity, relying on temporary stability above 150.90, which is accompanied by the attempts of stochastic to …

The Canadian dollar managed to maintain positive stability above the pivotal support level published during the previous analysis, located at the price of 1.2500, heading towards touching the first target of 1.2590, recording the highest price of 1.2598 during the early trading of the current session. Technically, the bullish trend …

Oil, Crude, trading

Oil, Crude, trading

A gradual rise in gold prices during the first trading sessions of this week within the expected bullish path during the previous analysis, recording its highest level at 1789. On the technical side today, by looking at the 4-hour chart, and with the regular work within the bullish price channel, …

The euro failed to achieve the required rise during the previous trading session against the USD after it found a strong resistance level around the psychological barrier of 1.1800. Technically, the euro starts pressing on the 1.1760 support level, and with careful consideration on the chart, the simple moving averages …

Manufacturing Sales rose by 2.1% on a monthly basis in June to C$59.2 billion, the data published by Statistics Canada reported on Monday. This reading followed June’s contraction of 0.3% and missed the market expectation for an increase of 2.5%.