GBP/JPY managed to achieve remarkable gains during the previous trading session, reaching a high of 153.25. On the technical side today, and by looking at charts, we find Stochastic continues to provide positive signals, accompanied by the positive motive coming from the 50-day moving average. From here, and with stability …

The Canadian dollar continues to attempt to rise after it succeeded in maintaining the trading level above 1.2500 for several consecutive hours. Technically, we tend to the positivity, but with caution, relying on stability above the 1.2500 psychological barrier support floor, accompanied by the RSI’s attempts to obtain bullish momentum. …

Oil, Crude, trading

Oil, Crude, trading

The prices of the yellow metal incurred heavy losses during the trading session last Friday, under pressure from the rise of the US currency, to end its trading around 1762. Technically, and by looking at the 4-hour chart, we find the continuation of the negative pressure is still valid, as …

The single European currency ended its weekly trading on a bearish slope, as the euro continued the descending path that started from the 1.1890 level to record its lowest level at 1.1754. On the technical side today, and with a careful look at the 4-hour chart, we find the simple …

Some negative factors pushed the US dollar lower at the end of the week, but the dollar managed to recover after better than expected US jobs data. The US Dollar Index, which measures the greenback’s strength against a basket of major currencies, ended the week flat at 92.78 versus 92.08 …

ON FRIDAY, the S&P 500 index opened higher after the strong rise in the US non-farm payrolls in July. The index rose 0.2% on the day and reached a record high of 4440. The Dow Jones Industrial Average rose 13.2 points, or 0.45%, to 35,223 points, while the Nasdaq Composite …

US job growth rose strongly in July amid demand for workers in the labor-intensive service sector, indicating that the economy maintained its strong momentum at the start of the second half, according to a US Bureau of Labor Statistics report released on Friday. The US Labor Department said in its …

Canadian July jobs report due out at 12:30 GMT. An increase of 177,500 positions is expected. here are the forecasts of economists and researchers of Three major banks regarding the Canadian employment report. CIBC “on the top of the very good news for employment in June, which coincided with the …