Positive trades dominated the movements of the Dow Jones Industrial Average, and the index still maintained positive stability, recording its highest level during the previous session, 34,960. On the technical side, the bullish bias is still likely, depending on the indicator’s continued obtaining positive signals from the RSI and its …
Read More »GBP/JPY:ِ Tends to The Positive
Tight sideways trading is limited between the support level of 155.00 and the resistance level of 156.00. On the technical side today, the pair continues to obtain positive signals from the 50-day moving average, which meets around the 155.00 level. This increases the possibility that we will witness a bullish …
Read More »Canadian Dollar: Looking For Signals
Trades tended to the positive within the expected bullish corrective tendency during the previous session, approaching by a few points from the required target 1.2100, to record the highest at 1.2093. Technically, the pair found a strong resistance level represented by our target, which forced the pair to trade negatively …
Read More »The Pound Touches The Target And Negative Pressure Remains
Oil, Crude, trading
Read More »Crude Oil Attacks $69.00 And Positivity Remains
Oil, Crude, trading
Read More »Gold Trying Positively And Looking For New Catalysts
Mixed trading dominated gold prices during the previous session’s trading, and trading is still limited from the bottom above 1894 and from the top below 1910. On the technical side today, the price stability above 1894 supports the continuation of the rise, in addition to the positive signals coming from …
Read More »The Euro is Finding It Difficult to Break The Resistance
EUR/USD witnessed a bullish bias during the previous trading session, but still a limited bullish, so far the pair has found it difficult to breach the resistance level published in the previous analysis 1.2245, which we explained as one of the conditions for the continuation of the rise. Technically, by …
Read More »ILO: The Global Job Market Will Not Recover From The Pandemic Until at Least 2023
The International Labor Organization said that at least 220 million people are expected to remain unemployed globally this year, well above pre-pandemic levels, in light of a weak recovery in the labor market.exacerbates the current disparity. The United Nations organization expects an improvement to drop the number to 205 million …
Read More »Turkey’s Trade Deficit Rises 20.7% Y-o-Y in May
The Turkish trade deficit in May increased by 20.74% on an annual basis, to $4.15 billion, according to the General Trade System. Data from the Commerce Ministry showed that exports rose 65.5% to $16.48 billion, compared to the same month last year when Ankara began easing restrictions on trade to …
Read More »Oil Extends Gains Thanks to OPEC+ Plan And Demand Expectations
Oil prices rose after OPEC and its allies agreed to commit to a cautious return to oil supplies to the market in June and July, with expectations of a strong recovery in demand in the United States and China, the world’s largest oil consumers. US West Texas Intermediate crude rose …
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