The technical outlook for the pair remains largely unchanged, with movements showing continued negative stability following strong resistance levels around 1.3770. In terms of technical analysis today, a closer examination of the 4-hour timeframe chart reveals the emergence of a resistance level around 1.3770 formed by the simple moving average, …
Read More »USD/JPY continue to fall 21/11/2023
japanese-yen
Read More »GBP continues to rally against USD 21/11/2023
Oil, Crude, trading
Read More »Oil retests support 21/11/2023
US crude oil futures prices experienced substantial gains during the initial trading sessions of the week, approaching the official target of 78.30 and reaching its highest level at $78.42 per barrel. From a technical perspective, prices encountered a robust resistance level around 78.40, prompting a consolidation below the psychological barrier …
Read More »Euro extends its gains 21/11/2023
The euro exhibited a positive surge against the US dollar, in line with our expectations, reaching the official target station outlined in the previous technical report at the price of 1.0970. The currency pair recorded its highest level during the early trading of today’s session at 1.0964. From a technical …
Read More »European stocks are flat after a strong week
European stocks stabilized on Monday after a strong weekly performance that was driven by increased bets on lowering interest rates, while a decline in the health care sector erased gains in energy sector stocks. There was no significant change in the European STOXX 600 index by 0810 GMT, after it …
Read More »Nasdaq may witness a temporary downward trend 20/11/2023
Oil, Crude, trading
Read More »Dow Jones above support 20/11/2023
Oil, Crude, trading
Read More »CAD retests support 20/11/2023
The British pound made a significant leap, registering substantial gains against the US dollar by successfully breaching the psychological barrier resistance at 1.2400 and initiating an assault on the crucial resistance level of 1.2465. From a technical perspective today, a positive trading outlook is favored, contingent on the intraday stability …
Read More »USD/JPY achieved the required goals 20/11/2023
japanese-yen
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