Oil, Crude, trading
Read More »Oil: Negative pressure persists 29/1/2025
Negative pressure continues to dominate U.S. crude oil futures, with prices reaching a low of $72.95 per barrel during the previous session. From a technical perspective, the 4-hour chart reveals a bearish head and shoulders formation, with the price remaining below 74.25, further pressured by negative signals from the simple …
Read More »Euro may continue gradual decline 29/1/2025
The EUR/USD pair remains in narrow sideways trading, gradually declining toward the first target of 1.0400, after recording its lowest price at 1.0414. From a technical analysis perspective, the 4-hour chart shows the pair stabilizing below the key resistance levels of 1.0460 and, more importantly, 1.0485. Additionally, the 14-day momentum …
Read More »Dow Jones tries to hold above support 28/1/2025
Oil, Crude, trading
Read More »USD/JPY: to be monitored 28/1/2025
japanese-yen
Read More »GBP may retest support 28/1/2025
Oil, Crude, trading
Read More »Oil: Bearish Technical Structure 28/1/2025
A bearish trend dominated US crude oil futures prices during the early trading sessions this week, with prices reaching their lowest level at $72.42 per barrel. From a technical standpoint, examining the 4-hour chart reveals the formation of a bearish inverted head and shoulders pattern. Additionally, oil prices remain below …
Read More »Euro faces negative pressure 28/1/2025
The euro declined against the US dollar during the morning trading session today, retreating after several consecutive sessions of gains and failing to maintain its position above the psychological barrier of 1.0500. From a technical perspective, a closer examination of the 4-hour chart reveals that the pair is holding below …
Read More »European Shares Drop as China’s AI Innovation Sparks Tech Selloff
European shares faced significant losses on Monday, driven by a selloff in the technology sector after China’s DeepSeek unveiled a low-cost, energy-efficient AI model. The development raised concerns over the profitability of existing AI players and reduced demand for high-performance chips. Market Highlights: STOXX 600: Fell 0.6% by 0941 GMT, …
Read More »Davos Highlights: Business Leaders and Trump Push EU for Faster Deregulation
At the World Economic Forum in Davos, global business leaders echoed U.S. President Donald Trump’s calls for the European Union to expedite deregulation and enhance competition. The discussions underscored growing concerns about the EU’s ability to keep pace with other developed markets, particularly in light of rapid advancements in technology …
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