Negative trading dominated the movements of the Canadian dollar during the previous trading session after it failed to maintain positive stability above 1.3600. Technically, we are leaning toward negativity, relying on the negative intersection of the simple moving averages that began to pressure the price from above and the negativity …
Read More »USD/JPY tends to be negative 12/9/2023
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Read More »GBP looking for additional momentum 12/9/2023
Oil, Crude, trading
Read More »Oil repeats attempts to rise 12/9/2023
US crude oil futures prices returned to achieve gains for the second session in a row, beginning to attack the psychological barrier resistance level of 88.00, recording its highest level of $88.11 per barrel. Technically, we tend to be positive in our trading, relying on the return of the simple …
Read More »Euro attacks resistance 12/9/2023
Calm trading that tended to be positive dominated the movements of the EURUSD pair at the beginning of this week’s trading, starting with an upward trend, attacking the 1.0750 resistance level, recording its highest level at 1.0769. On the technical side today, with a closer look at the 4-hour time …
Read More »European stocks stabilize after a seven-day sell-off
European stocks rose on Monday as investors awaited US inflation data as well as a monetary policy decision from the European Central Bank later in the week for further indications on the path of global interest rates. The European STOXX 600 index rose 0.6 percent by 0712 GMT, after falling …
Read More »Nasdaq to be monitored 11/9/2023
Oil, Crude, trading
Read More »Dow Jones trying to rise 11/9/2023
Oil, Crude, trading
Read More »CAD looking for a directional signal 11/9/2023
CAD witnessed a sideways trend for several successive sessions, confined from below above the support floor of the psychological barrier 1.3600 and from above below the resistance of the psychological barrier of 1.3700. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …
Read More »USD/JPY continue to advance upward 11/9/2023
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