European stocks fell on Friday, pressured by rising bond yields, and comments by Federal Reserve Chairman Jerome Powell undermined investors’ hopes that interest rates would peak. The European STOXX 600 index fell 0.4 percent by 0810 GMT, but is still heading for gains for the second week. Fed officials, including …
Read More »Nasdaq below sub-resistance 10/11/2023
Oil, Crude, trading
Read More »Dow Jones breaks support 10/11/2023
Oil, Crude, trading
Read More »CAD attempts to climb continue 10/11/2023
The technical outlook for the Canadian dollar remains consistent, with no significant alterations in its movements. The currency continues to exhibit positive stability, initiating an assault on the psychological barrier resistance level of 1.3800, reaching its peak at 1.3816. From a technical analysis perspective today, our trading inclination leans towards …
Read More »USD/JPY continues to rise 10/11/2023
japanese-yen
Read More »GBP: Negative Pressure Remains 10/11/2023
Oil, Crude, trading
Read More »Oil hits the resistance 10/11/2023
The crucial resistance level highlighted in the preceding technical report at $77.00 proved to be a formidable barrier, intensifying negative sentiments on US crude oil futures. The market maintained negative stability, reaching its nadir at $75.25 per barrel. A detailed examination of the 240-minute timeframe chart reveals a sustained negative …
Read More »Euro Negativity: Confirmation Required 10/11/2023
“We maintained a neutral stance in our intraday analysis due to conflicting technical signals and the trading range bound by 1.0640 as the lower limit and 1.0760 as the upper limit. In today’s technical outlook, we are leaning towards a bearish bias, noting the initial formation of a bearish pattern …
Read More »European stocks opened stable
European stocks began trading on Thursday on a stable note after the positions of European Central Bank policymakers reduced market optimism regarding interest rate cuts, while investors again awaited comments from Federal Reserve Chairman Jerome Powell. The European STOXX 600 index saw little change by 0810 GMT after touching the …
Read More »Nasdaq touches the desired target 9/11/2023
Oil, Crude, trading
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