Negative trading returned to control the movements of the Canadian dollar with the opening of the first trading sessions of this week after it found a strong resistance level of around 1.3680. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on …
Read More »JPY is facing negative pressure 10/10/2023
japanese-yen
Read More »GBP rises against USD 10/10/2023
Oil, Crude, trading
Read More »Oil: Possibility of covering the price gap 10/10/2023
US crude oil futures prices extended their gains to achieve gains estimated at more than 5.0%, reaching $87.15 per barrel. Technically, the level of 87.00 formed a strong resistance level that succeeded in limiting the rise. With a closer look at the chart with a time interval of 240 minutes, …
Read More »Euro trying to rise 10/10/2023
A quiet, gradual rise for the EUR/USD pair in light of the absence of US markets yesterday, trying to reduce its previous losses and begin attacking the psychological barrier resistance level of 1.0600. Technically, and with a closer look at the 4-hour time frame chart, we find that the EUR/USD …
Read More »European stocks decline under pressure from the consequences of the conflict in the Middle East
Most European stock markets opened lower on Monday as the ongoing clashes in the Middle East led to a rush towards safe haven assets such as bonds and gold, and oil prices rose by more than three percent. The European STOXX 600 index fell 0.2 percent by 0710 GMT, with …
Read More »European stocks continue to rise ahead of US jobs data
European stocks rose on Friday ahead of data expected to reflect moderate US job growth last month, relieving some pressure on equity investors concerned about higher interest rates. By 07:18 GMT, the European STOXX 600 index rose 0.4 percent, recording an increase for the second session in a row, but …
Read More »Nasdaq trying to rise 6/10/2023
Oil, Crude, trading
Read More »Dow Jones is cautiously awaiting US jobs data 6/10/2023
Oil, Crude, trading
Read More »CAD retests support 6/10/2023
The Canadian dollar reached the first target expected to be achieved during the previous trading session, at 1.3770, recording its highest level of 1.3785. Technically, and with a closer look at the 4-hour time frame chart, we find that the resistance level of 1.3785 formed a negative pressure factor that …
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