Japanese shares rose slightly on Friday as optimism about the performance of domestic companies outweighed investor caution ahead of the country’s general elections. The Nikkei index rose 0.25 percent to close at 28,892.69 points, after falling about 1.2 percent earlier in the session. The index increased during the week by …

The German DAX index is trading with clear negativity after the resistance level of 15,690 formed a substantial obstacle that forced it to trade negatively and is now hovering around its lowest level during the session at 15,560. On the technical side, the negative pressure coming from the simple moving …

Oil, Crude, trading

Positive trading regained control over the pound’s movements against its Japanese counterpart, benefiting from positive stability above the 156.00/156.30 support level. Technically, we notice the positive crossover signals coming from the stochastic indicator, coinciding with the price’s movement above the 50-day moving average. Therefore, we tend to be positive, but …

Mixed trading dominates the movements of the Canadian dollar within a bearish path to witness the current intraday stability below the support level 1.2370/1.2365. Technically, trading is stable below 1.2370, the 23.60% Fibonacci correction that supports a bearish bias in the coming hours, in addition to the RSI losing the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices found a strong resistance level around 1810, which forced it to trade negatively during the early trading of the current session, and it is now hovering around its lowest level during the session at 1792. Technically, and with a closer look at the 240-minute chart, we find the …

Positive trading dominated the Euro’s movements against the US dollar yesterday, after the European Central Bank President’s statements, reaching its highest level at 1.1692. On the technical side, the intraday trading stability is above the previously breached resistance 1.1640, represented by the 23.60% Fibonacci correction that supports the rise and …

The European session witnessed some fluctuations today, Thursday, amid anticipation of US and German inflation data and the European interest decision. The European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations, the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and …