Noticeable gains continue to control the prices of US crude oil futures contracts within the bullish context expected during the previous technical report, touching the target to be achieved at the price of 91.20, recording its highest level of $81.54 per barrel. Technically, with the regularity of work within the …
Read More »Euro may continue to decline 18/9/2023
The downward trend continues to control the movements of the EUR/USD pair within a bearish outlook, as we expected during the previous report, in which we relied on confirmation of the pair breaking the support level of 1.0690, touching the official target of 1.0630. On the technical side today, by …
Read More »European stocks rise ahead of the European Central Bank’s interest rate decision
European stocks rose on Thursday even as investors remained cautious ahead of the European Central Bank’s decision on interest rates, as it is likely to raise them for the tenth time in a row. Markets expect approximately 65 percent of interest rates to rise by 25 basis points, which will …
Read More »Nasdaq bounces off support 14/9/2023
Oil, Crude, trading
Read More »Dow Jones leans negative 14/9/2023
Oil, Crude, trading
Read More »CAD approaching strong support 14/9/2023
The downward trend continues to control the movements of the Canadian dollar within the expected downward trend, reaching the first downward target to be achieved at 1.3550, recording its lowest level at 1.3521. Technically, we are leaning towards negativity, relying on the negative crossover of the simple moving averages that …
Read More »USD/JPY is looking for additional momentum 14/9/2023
japanese-yen
Read More »GBP retests resistance 14/9/2023
Oil, Crude, trading
Read More »Oil maintains a gradual rise 14/9/2023
US crude oil prices presented a positive trading session within the positive technical outlook, approaching by a few points from the first bullish target to be achieved at 89.80, only to record its highest level of $89.60 per barrel. Technically, we find oil prices stable above 88.00, supported by the …
Read More »Euro is awaiting the European Central Bank’s decision 14/9/2023
The technical outlook remains unchanged, and the pair has not changed significantly with the continuation of the sideways path. We find the pair stable above the support level of 1.0700 and below the resistance level of 1.0790. On the technical side today, with a closer look at the 4-hour chart, …
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