GBP/JPY managed to touch the first target mentioned in the previous report, which is located at 154.10, recording its lowest price at 154.13 to return to the bullish rebound again, benefiting from the support level. On the technical side, today, and with a closer look at the 60-minute chart, we …

The technical outlook is unchanged, and the pair’s movements have not changed significantly, within attempts to maintain the bullish correction tendency, setteled above 1.2030 and most importantly 1.2000. Technically, stochastic is still trying to provide positive signals to get additional momentum. Therefore, the bullish bias is likely today, targeting 1.2125, …

Oil, Crude, trading

Oil, Crude, trading

The previous trading session witnessed different movements in gold prices. To remind, we indicated during the previous analysis that activating the selling positions depends on breaking 1880 and this makes it easier to visit 1874 first target and then 1865 next official station to record the lowest price of 1868. …

Mixed trading dominated the euro’s movements against the US dollar during the previous session, to only touch the first target that was required to be achieved during the previous analysis, located at 1.2145, to record the lowest price at 1.2143. Technically, the current moves are witnessing a return to stability …

Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her comments on the monetary policy outlook in a press conference following the ECB’s decision to leave the policy settings unchanged in June. Here are the most important quotes from her speech. “We are somewhat more optimistic about the …

Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her comments on the monetary policy outlook in a press conference following the ECB’s decision to leave the policy settings unchanged in June. Here are the most important quotes from her speech “We expect growth to improve strongly in …

There were 376,000 initial claims for unemployment benefits in the US during the week ending June 5, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in weaker than the market expectation of 370,000 and followed the previous print of 385,000.

There were 376,000 initial claims for unemployment benefits in the US during the week ending June 5, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in weaker than the market expectation of 370,000 and followed the previous print of 385,000.