A quiet, gradual rise for the EUR/USD pair in light of the absence of US markets yesterday, trying to reduce its previous losses and begin attacking the psychological barrier resistance level of 1.0600. Technically, and with a closer look at the 4-hour time frame chart, we find that the EUR/USD …
Read More »European stocks decline under pressure from the consequences of the conflict in the Middle East
Most European stock markets opened lower on Monday as the ongoing clashes in the Middle East led to a rush towards safe haven assets such as bonds and gold, and oil prices rose by more than three percent. The European STOXX 600 index fell 0.2 percent by 0710 GMT, with …
Read More »European stocks continue to rise ahead of US jobs data
European stocks rose on Friday ahead of data expected to reflect moderate US job growth last month, relieving some pressure on equity investors concerned about higher interest rates. By 07:18 GMT, the European STOXX 600 index rose 0.4 percent, recording an increase for the second session in a row, but …
Read More »Nasdaq trying to rise 6/10/2023
Oil, Crude, trading
Read More »Dow Jones is cautiously awaiting US jobs data 6/10/2023
Oil, Crude, trading
Read More »CAD retests support 6/10/2023
The Canadian dollar reached the first target expected to be achieved during the previous trading session, at 1.3770, recording its highest level of 1.3785. Technically, and with a closer look at the 4-hour time frame chart, we find that the resistance level of 1.3785 formed a negative pressure factor that …
Read More »JPY may continue the corrective decline 6/10/2023
japanese-yen
Read More »GBP tests solid resistance 6/10/2023
Oil, Crude, trading
Read More »Oil: bleeding losses continue/10/2023
US crude oil prices continue to fall amid intense selling operations within the strong downward trend expected during the previous technical report, exceeding the first official target of 82.75, approaching by a few points from the second target of 82.00, recording its lowest level of $82.20 per barrel. Technically, the …
Read More »Euro retests resistance 6/10/2023
For the second session in a row, the EUR/USD pair is trying to reduce its previous losses to retest the pivotal resistance published in the last technical report, located at 1.0550, which it has been unable to break. Technically, and with a closer look at the 4-hour time frame chart, …
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