Oil, Crude, trading
Read More »Oil Loses Momentum 3/11/2023
Limited positive attempts marked the movements of US crude oil futures in the previous trading session, with the price reaching its peak at $82.86 per barrel before retracing back within the anticipated downward trajectory and hitting a low of $82.27. Examining the 4-hour timeframe chart, the 50-day simple moving average …
Read More »The Euro Gains Ground Against the Weakening Dollar 3/11/2023
In our previous technical report, we maintained a neutral stance due to conflicting signals. We emphasized that activating buying positions hinged on the EUR/USD pair breaking the psychological barrier resistance level of 1.0600, targeting 1.0670 and 1.0670, achieving these targets and reaching its peak at 1.068. Technically, today we are …
Read More »European stocks rise on a boost from bets on stopping interest rate hikes
European stocks rose on Thursday, driven by the rise in real estate and technology stocks affected by interest rates, as investors bet on the possibility of the end of monetary tightening policy in the United States after the Federal Reserve kept interest rates unchanged. The European STOXX 600 index rose …
Read More »Nasdaq starts positive 2/11/2023
Oil, Crude, trading
Read More »Dow Jones achieves the desired goal 2/11/2023
Oil, Crude, trading
Read More »CAD presses support 2/11/2023
Mixed trading characterized the movements of the Canadian dollar, managing to reach the initial upward target at 1.3900 in today’s trading session. From a technical perspective, the psychological barrier resistance at 1.3900 created negative pressure, leading the pair to retest the support level at 1.3830, where it stabilized. Upon closer …
Read More »USD/JPY awaits pending orders 2/11/2023
japanese-yen
Read More »GBP starts positive ahead of BoE decisions 2/11/2023
Oil, Crude, trading
Read More »Oil: Negative pressure remains 2/11/2023
During the previous trading session, US crude oil futures exhibited mixed movements amid varied trading patterns. The prices briefly touched the stop losses mentioned in the previous report at $82.70, reaching a peak at $83.40. However, this level acted as a robust resistance, prompting a decline and causing oil to …
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