The pound sterling declined against the Japanese yen significantly with the beginning of the morning trading of the current session, reaching as low as 154.55. On the technical side, today we are inclined to the negativity based on the negativity of the stochastic indicator, which comes in conjunction with the …

The Canadian dollar was able to build on the strong support floor mentioned during the technical reports issued over the past week at 1.2060, in addition to establishing a solid support floor around 1.2000, heading to touch the bullish corrective slope target 1.2130. Technically, the pair continues to obtain positive …

Oil, Crude, trading

Oil, Crude, trading

Gold prices opened the morning session with a noticeable bearishness, after hitting the resistance level 1903/1905 within a bearish slope approaching retesting the main support 1880. On the technical side today, and by looking at the 240-minute chart, we find the 50-day moving average that continues to pressure the price …

Sideways trading dominates the movements of the single European currency for several sessions in a row, to find it difficult to settle above the pivotal resistance level published during the last analysis at 1.2210. Technically, and with careful consideration of the chart, the current movements are witnessing a bearish tendency, …

Bitcoin has now recovered and it has managed to reach the end of a journey of struggle, after passing the $34,000 levels and breaking the $35,000 threshold. The recent Bitcoin uprising came today, Wednesday, after the historic approval of the Parliament of El Salvador on a law making Bitcoin the …

Crude Oil Stocks Change in the US was -5.2 million barrels in the week ending June 4, the weekly report published by the US Energy Information Administration (EIA) revealed on Wednesday. Analysts’ estimate was for a decrease of 2 million barrels.

Japanese Prime Minister Yoshihide Suga said on Wednesday, his government will focus to achieve fiscal targets including the target to bring primary balance to surplus. The government will also strive to raise the nationwide average minimum wage to JPY1,000 an hour soon.

In a widely expected decision, the Bank of Canada (BoC) announced on Wednesday that it left its key rate unchanged at 0.25% following the June policy meeting. The BoC decided to maintain the target of C$3 billion in weekly net asset purchases of the government of Canada bonds as well.