The Dow Jones Industrial Average declined in the New York Stock Exchange during the previous trading session, after hitting the resistance level of 33,870. Despite the bearish bias, the index managed to settle above the support level published during the previous report, located at 33,660, and we find that the …

The pound continues to achieve gains against the Japanese yen, touching our target mentioned in the previous analysis at 151.60, recording a high of 151.55. Technically, we are continuing to suggest the bullish trend, relying on the positive motive of the 50-day moving average, in addition to trading stability above …

The Canadian dollar retreated significantly during the last session’s trading within the expected negative outlook, in which we relied on confirming a break of 1.2380, heading directly to touch our waited target at 1.2320, recording the lowest at 1.2310. Technically speaking, and with the Canadian dollar failing to maintain the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices were able to successfully retest the pivotal support at 1765, to resume the bullish rebound, attempting to retest 1784 resistance. On the technical side, today, we find the RSI stable above the middle line, enhancing the chances of a bullish move, and we find the price stable above …

We committed to intraday neutrality in the previous analysis, explaining that for the continuation of activating long positions, we must witness an increase above 1.2060 for the pair to successfully retest the aforementioned support and start the bullish rebound again. Technically, and with a closer look at the chart, we …

The German government on Tuesday (April 27th) increased its forecast for the growth of Europe’s largest economy this year to 3.5%, from a previous estimate of 3%, while it expects household spending to support the recovery if the COVID-19 restrictions are lifted. Germany is striving to contain a third wave …

Microsoft announced its third-quarter fiscal year results that achieved the largest revenue growth since 2018. The company’s shares fell in post-closing trading by more than 3.5%. Earnings per share reached $ 1.95, compared to the expected $ 1.78. While the company achieved revenues of 41.71 billion dollars compared to 41.03 …

A court in Brussels has begun hearing a lawsuit filed by the European Commission against the pharmaceutical company AstraZeneca over supplies of its Covid-19 vaccine, as the cartel’s lawyers are pressing for immediate delivery of doses from all factories, including those in Britain. The case is the latest turning point …