JPYGBP incurred heavy losses during the last session, surpassing the target that needs to be touched at 159.10, and recording its lowest level at 155.60. On the technical side today, the pair’s current movements are witnessing a limited bullish tendency due to the intraday pivot above 156.60, accompanied by the …

The Canadian dollar jumped, continuing to the upside within the expected bullish context, surpassing the first target that is required to be touched during the previous analysis at 1.3060, recording the highest at 1.3076. Technically, and with careful consideration of the 4-hour chart, we find the resistance level of 1.3060 …

Oil, Crude, trading

Gold prices declined significantly at the end of the previous trading session, within the expected bearish path, touching the official target at 1810, recording its lowest level at 1810. Technically, and carefully considering the 4-hour chart, we notice that the price settled intraday below 1835, and most importantly below 1852, …

During the previous trading session, the euro incurred strong losses against the US dollar to complete the bearish directional movement that the pair confirmed by breaking the mentioned low during all reports this week at 1.0500, heading towards the official target station at 1.0400, recording its lowest level at 1.0353. …

There were 203,000 Initial Jobless Claims in the week ending on 7 May, a little above the expected drop to 195,000 from 202,000 one week ago, data released by the US Department of Labour on Thursday showed. 

European shares fell on Thursday, pulled down by steep losses on Wall Street overnight, after US inflation data fueled concerns about the impact of higher interest rates on economic growth. The pan-European Stoxx 600 index fell 1.7 percent, losing many of the gains it made in the middle of the …

Japan’s Nikkei fell to its lowest level in nearly two months on Thursday, after major technology stocks followed in the footsteps of their US counterparts, which fell sharply overnight. The Nikkei fell 1.77 percent to close at 25,748.72 points, its lowest since March 15. The broader Topix index fell 1.19 …

European shares fell sharply Thursday, May 12th, as global markets digested the latest inflation reading from the United States, and this reading raised fears that there is a tendency for prices to rise significantly in the future. The pan-European Stoxx 600 Index is down 2.2% in early trading, with all …

Oil prices fell more than 1% on Thursday in a volatile week, as economic concerns and fears of a recession weighed negatively on global financial markets, outweighing concerns about supplies and tension in Europe. Brent crude futures fell $1.25, or 1.2 percent, to $106.26 a barrel by 0303 GMT. US …