Oil, Crude, trading
Read More »Oil: negativity remains 29/11/2023
US crude oil futures witnessed mixed trading as they attempted to rise, yet these efforts remain limited, and the price remains stable below the resistance level at 77.80. Examining the 4-hour chart, negative features are evident on the Stochastic indicator, gradually losing its upward momentum. This aligns with the continued …
Read More »Euro extends gains 29/11/2023
The euro displayed positive performance against the US dollar in the recent trading session, aligning with our anticipated positive outlook. The breach of the key level at 1.0960 was pivotal, leading to the attainment of the specified targets and nearing the final target of 1.1030, with the highest recorded level …
Read More »European stocks halt November gains after statements by central bank officials
European stocks fell for a second session on Tuesday after strong gains in November after the latest comments from European Central Bank policymakers refuted market expectations of interest rate cuts next year. The European STOXX 600 index fell 0.5 percent, with market heavyweights such as Novo Nordisk and LVMH falling …
Read More »Dow Jones maintains positive stability 28/11/2023
Oil, Crude, trading
Read More »USD/JPY are touching the required targets 28/11/2023
japanese-yen
Read More »GBP: positivity scenario exists 28/11/2023
Oil, Crude, trading
Read More »Oil facing selling pressure 28/11/2023
Negative trading dominated US crude oil futures prices, aligning with the anticipated downward trajectory outlined in the previous technical report. The market touched the initial target at 74.75 and extended losses to reach the subsequent station at 74.50, recording a low of $74.00 per barrel. Examining the 4-hour chart, there …
Read More »Euro attacks resistance 28/11/2023
The EUR/USD pair continued its positive momentum during the early trading sessions of the week, confirming the expected bullish trend mentioned in the previous technical report. The pair reached a peak of 1.0960 in the morning session, and the report emphasized that the confirmation of breaching this level could strengthen …
Read More »Lukewarm performance for European stocks
European stocks were steady on Monday as lower oil prices led to a decline in energy stocks, ahead of comments by European Central Bank President Christine Lagarde on monetary policy before a European Parliament committee. The European Stoxx 600 index remained stable at 0820 GMT, while the British Financial Times …
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