Japanese stocks fell Thursday, May 27, as investors trimmed their positions after a recent increase, in light of a possible extension of emergency measures linked to Covid-19, which raised concerns about the growth of the local economy. The Nikkei index trimmed its losses during the day, closing down 0.33% to …

Negative trading dominated the movements of the German DAX index yesterday within the expected bearish context during the previous analysis, explaining that with trading remaining below 15,570, we are targeting 15,420 first target, and then 15,360, so the index touches the first target, approaching the second target, to settle for …

The Dow Jones Industrial Average continues to rise, maintaining the positive stability above the strong 34,090. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI trying to maintain the bullish momentum, in addition to stochastic concentrating around overbought areas. With intraday …

Negative trading dominated the pound’s moves against the Japanese yen, after finding a strong resistance level near 154.30. On the technical side, we tend to be negative in our trading depending on the clear negative signs on Stochastic, in addition to the intraday trading remaining below the resistance level of …

After several consecutive sessions of standing on the sidelines, the Canadian dollar’s ​​movements witnessed an upward corrective tendency during the previous trading session, explaining that re-activating the long positions requires stability of the price above 1.2070/1.2075 to target 1.2105 and then 1.2130 for the pair to succeed in reaching its …

Oil, Crude, trading

Oil, Crude, trading

Gold prices approached touching the first target required and mentioned in the previous analysis located at 1917, to settle for recording its highest level at 1912, finding it difficult to surpass the aforementioned level, which forced it to move within a bearish path. On the technical side today, and by …

The euro found a strong resistance level during the previous trading session at 1.2170, which managed to limit the bullish tendency to force the euro to retest the support level of 1.2170. Technically, and with a closer look at the 4-hour time frame, we find the 50-day moving average began …

Amazon said it reached a deal to acquire MGM for $ 8.45 billion, to support the company’s efforts to cement its position in the entertainment and internet streaming sector. The deal is the largest since Amazon acquired Whole Food in 2017 for $ 13.7 billion.