European shares rose on Monday, led by mining and energy stocks as commodity prices rose, while investors awaited a series of business results, as several giant companies are scheduled to announce their results this week. The pan-European Stoxx 600 index rose 0.02% by 0707 GMT after Asian indices rallied slightly. …

The Nikkei fell 204 points, or 0.71 percent, to close at 28,600.41 points, and it had fallen during the session to below 28,500 points, its lowest level in ten days. The broader Topix index fell 0.34 percent to 1995.42 points. Gold futures rose 0.16% to $1,799.01. While the dollar, which …

Japanese stocks closed lower on Monday after disappointing earnings, and semiconductor-related stocks were among the biggest decliners, tracking declines in US technology shares on weak earnings and concerns about Fed tapering. The Nikkei fell 204 points, or 0.71 percent, to close at 28,600.41 points, and it had fallen during the …

The German DAX index found a strong resistance level around 15590, which forced it to trade negatively from retesting the 15و470 support level and hovering around this level with the opening of the first weekly sessions. Technically, we notice the clear negative signs on Stochastic, which started to lose the …

Oil, Crude, trading

Negative trades dominated the GBP/JPY, within the bearish correction as expected, touching our target at 156.00, recording the lowest level at 155.93. Technically, we tend to be negative, relying on trading below 156.50 level, accompanied by the RSI gaining more bearish momentum over the short time frames. Therefore, we are …

The pivotal support level mentioned in the previous analysis managed to limit the bearish tendency seen in CAD during the past week, to cap the bullish bounce within the expected technical outlook, through which we targeted a retest of 1.2380, recording a high of 1.2390. Technically, and by looking at …

Oil, Crude, trading

Oil, Crude, trading

Gold prices surged significantly at the end of last week’s trading, within the expected bullish path in the previous analysis, in which we relied on confirming the breach of 1789, targeting 1799 to surpass the official target station, recording the highest of 1813. Technically, by looking at the 4-hour chart, …