European stocks continued to rise to unprecedented levels today, Monday, thanks to optimism about the resumption of economic activities, while the policy of monetary easing contributed to the rise of sectors linked to the economic cycle, including the shares of mining companies and the financial sector.. The pan-European STOXX 600 …
Read More »Japan Shares Closing Higher as Attention Shifts to Corporate Earnings
Japanese stocks gained on Monday, as the strong closure of Wall Street last week boosted risk appetite, while investors awaited the results of the businesses of carmakers and other major companies for signs of progress in the economy hit by the pandemic. The Nikkei index rose 0.55% to close at …
Read More »Gold Approaching a 3-Month High With Enhanced Prospects For Keeping Interest Rates Low
Gold prices rose on Monday, approaching a three-month high they reached last week, after weaker-than-expected job data in the United States supported hopes that interest rates would remain low for some time, which boosted appetite for the metal. By the close of the Tokyo Stock Exchange, spot gold rose 0.2% …
Read More »Bitcoin Achieves Strong Gains
Bitcoin prices continue to achieve gains, recording their highest level during the previous trading session 58,550. On the technical side today, with the moving averages continuing to provide a positive incentive, in addition to the stability of intraday trading above the support level 55,630 and in general above 55,220. A …
Read More »Dax Built on Support And Positivity Remains
The German DAX index managed to achieve noticeable gains during the previous session’s trading within a bullish path, as we expected, touching the first target published in the previous analysis, 15,400, recording a high of 15,420. Technically, we are inclined to the positive, with the index based on the support …
Read More »Dow Jones Continues to Achieve Records
The Dow Jones Industrial Average jumped to achieve record gains within the expected positive outlook, in which we targeted 34,690 levels, to record a high of 34,721. On the technical side, the RSI indicator continues to defend the upside, in addition to stochastic concentrating around overbought areas. With the stability …
Read More »GBP/JPY: Retest Support
The pound against the Japanese yen provided positive trading, attacking the psychological barrier resistance of 152.00, benefiting from stability above the support level of 151.40. On the technical side, today we tend to be positive, depending on the stability of trading above the aforementioned support, in addition to the pair …
Read More »Canadian Dollar: Continues to Decline
The Canadian dollar continues its bearish path, as we expected, heading to visit our desired target at 1.2100, to hit its lowest level during the previous trading session at 1.2116. Technically speaking, the pair broke the level of 1.2170, which has now been converted into a resistance level that supports …
Read More »Pound Attacks The Psychological Barrier
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Read More »Crude Oil: Negativity Persists
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