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
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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 …
Read More »Euro is waiting for a signal 2/11/2023
The EUR/USD pair reached the initial bearish target set in the previous technical report at 1.0530, hitting its lowest point at 1.0515. Regarding technical analysis today, the pair experienced an upward rebound after approaching the psychological support level of 1.0500. This led to a retest of the 1.0600 resistance, around …
Read More »European stocks hit a two-week high
European stocks rose to their highest level in nearly two weeks on Wednesday, supported by health care stocks, as investors awaited a widely expected decision from the Federal Reserve to keep interest rates unchanged later on Wednesday. The European STOXX 600 index rose 0.1 percent by 0825 GMT, heading for …
Read More »Nasdaq Demands Attentive Monitoring 1/11/2023
Oil, Crude, trading
Read More »Dow Jones recovers ahead of Fed decision 1/11/2023
Oil, Crude, trading
Read More »CAD achieves the first goal 1/11/2023
During the previous trading session, the Canadian dollar successfully reached the initial target set at 1.3875, reaching its highest point at 1.3892. From a technical perspective, our analysis leans toward optimism. The 50-day simple moving average continues to support the potential for an upward movement. Additionally, intraday trading stability above …
Read More »USD/JPY achieve record gains 1/11/2023
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