GBP/JPY achieved the expected bullish limited bias we target in the last analysis at 154.00, recording the highest level at 153.97. The pair’s current trading is witnessing price stability above the support level of 153.30, as we find the RSI stable above the mid-line 50. We tend in our trading …

Positive trading dominated the movements of the Canadian dollar within the completion of the bullish corrective slope that we mentioned in all reports of the week, touching the required target 1.2410, recording its highest level during the previous trading session at 1.2445. Technically, with the pair’s success in confirming the …

Oil, Crude, trading

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis, due to the exposure of technical signals, to find that gold prices collided with the strong resistance level published during the previous report at 1782, which we mentioned to represent one of the most important trend keys for the current trading …

The euro continues to resume the bearish path against the US dollar within a gradual decline to the downside, approaching the official target of 1.1840 by a few points, at the second target 1.1810, posting its lowest level at 1.1835. On the technical side, and with the continuation of the …

The S&P 500 index started the second half of the year at record levels on Thursday after data showed that the number of weekly applications for unemployment benefits came in less than expected, while Walgreens shares gained after the company raised its forecast for annual profits. The S&P 500 index …

There were 364,000 initial claims for unemployment benefits in the US during the week ending June 26, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in better than the market expectation of 393,000 and followed the previous print of 415,000.

Citing two sources with the knowledge of the matter, Reuters reported on Thursday that the OPEC+ is likely to ease oil output cuts by around 2 million barrels per day between August and December. Crude oil jumped on the news and was seen at its highest level since October 2018 …

Manufacturing activity in the Eurozone increased in June at the fastest pace on record, a survey showed on Thursday, July 1 also showed that factories faced the largest increase in raw material costs in well over two decades. The final reading of the IHS Markit Manufacturing Purchasing Managers’ Index rose …