Gold hovered around a two-month low on Wednesday, June 30, as investors awaited US jobs data for greater clarity on the US Federal Reserve’s stance on policy, while the yellow metal headed for its worst monthly decline since November 2016. And gold fell in spot transactions 0.2% to $ 1757.76 …
Read More »GBP/JPY:ِ Facing Negative Pressure
The British pound presented negative trades against the Japanese yen during the previous trading session, to touch the awaited target of 153.60. On the technical side, we tend to the negativity, relying on the clear negativity features on stochastic, missing the bullish momentum, in addition to the stability of trading …
Read More »Canadian Dollar: Touches The Bullish Correction
The Canadian dollar was able to breach the resistance level published during the previous analysis, located at the price of 1.2330, which you mentioned that its breach is a catalyst that enhances the chances of rising to complete the bullish correction with the aim of 1.2410, recording its highest level …
Read More »The Pound Confirms the Break
Oil, Crude, trading
Read More »Crude Oil Rebounds After Touching Support And Eyes Are on Stocks
Oil, Crude, trading
Read More »Gold Continues to Touch Bearish Goals
Gold prices incurred noticeable losses during the previous trading session within the expected bearish context, touching the second official target station in the last analysis, at 1753, and recording the lowest at 1750. Today’s technical vision indicates the possibility of continuing the decline, relying on confirming the breach of 1768 …
Read More »The Euro is Hovering Around Support And Confirming the Break Extends The losses
The euro maintains a gradual bearish tendency against the US dollar due to trading stability below the strong resistance level located at 1.1975, to start pressing on the 1.1880 support level. On the technical side today, and with a careful look at the 240-minute chart, we find the simple moving …
Read More »US: Housing Price Index Edges Higher to 1.8% in April
The Housing Price Index released by the US Federal Housing Finance Agency (FHFA) rose by 1.8% on a monthly basis in April following March’s increase of 1.6%. Meanwhile, the annual S&P/Case-Shiller Home Price Indices arrived at 14.9% in February and surpassed the market expectation of 14.5%.
Read More »Germany: Annual HICP Declines to 2.1% in June
Inflation in Germany, as measured by the Consumer Price Index (CPI), edged lower to 0.4% (preliminary) on a monthly basis in June from 0.5% in May, the data published by Destatist showed on Tuesday. On a yearly basis, the CPI declined to 2.3% from 2.5%. Both of these readings came …
Read More »Travel Ban in Britain Due to The Outbreak of The New Strain of Corona
The health authorities in the United Kingdom announced the highest rate of infection with the Corona virus since January 30, as the authorities recorded about 22,868 new confirmed cases of the Coronavirus in just one day. This sudden rise in new cases of Coronavirus in the United Kingdom is due …
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