Positive trading continues to control the movements of the Canadian dollar within the expected upward path during the previous technical report, maintaining positive stability above the strong support floor 1.3450. Technically, we are leaning towards positivity in our trading, relying on the pair’s success in crossing upwards and rising above …
Read More »USD/JPY attacks resistance, waiting for a breakthrough 27/9/2023
japanese-yen
Read More »GBP suffers huge losses 27/9/2023
Oil, Crude, trading
Read More »Oil ended the downward correction 27/9/2023
US crude oil futures prices achieved the idea of a corrective decline published during the previous report, touching the first bearish correction target of 88.65, approaching a few points ahead of the second target of 88.00, recording its lowest level at $88.23. Technically, prices witnessed a rapid upward rebound due …
Read More »Euro surrenders to the strength of Dollar 27/9/2023
A strong downward trend continues to control the movements of the Euro/Dollar pair within the negative outlook expected during the previous analysis, touching the desired target at 1.0555, recording its lowest level during early trading of the current session at 1.0555. Technically, and with a closer look at the 4-hour …
Read More »European stocks decline on rising yields and China problems
European stocks continued to decline on Tuesday as high bond yields pressured the interest-rate-sensitive technology sector, while stocks exposed to China continued to weaken due to fears of a slowdown in the world’s second-largest economy. The European STOXX 600 index fell 0.7 percent by 0710 GMT, with the benchmark ten-year …
Read More »Nasdaq maintains a bearish path 26/9/2023
Oil, Crude, trading
Read More »Dow Jones hits bearish targets 26/9/2023
Oil, Crude, trading
Read More »CAD maintains positive stability 26/9/2023
The technical outlook remains unchanged, and the pair’s movements have not significantly changed, maintaining the positive stability that began yesterday’s session, stable above 1.3440. Technically, we are leaning towards positivity in our trading, but with caution, provided that we witness a clear breach of the pivotal resistance level at the …
Read More »USD/JPY touches the official target of the bullish wave 26/9/2023
japanese-yen
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