Negative trading dominated the movements of the EUR/USD pair during the previous trading session after the US inflation data, which led the US dollar to rise. On the technical side, the euro witnessed immediate stability below the support level of 1.0550, indicating that sneaking below the mentioned level may force …
Read More »European stocks touch 3-week high after interest rate hike fears subside
European stocks hit a three-week high on Thursday, supported by a new round of decline in government bond yields and investor relief due to dovish comments from Federal Reserve officials. The European STOXX 600 index rose 0.6 percent by 0711 GMT, with the mining and car manufacturing sectors leading the …
Read More »Nasdaq touches desired targets 12/10/2023
Oil, Crude, trading
Read More »Dow Jones needs more momentum 12/10/2023
Oil, Crude, trading
Read More »CAD needs a negative stimulus 12/10/2023
The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining the expected bearish path, stable below the 1.3650 resistance level. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on the simple moving averages to return to pressuring …
Read More »JPY tests hardness resistance 12/10/2023
japanese-yen
Read More »GBP looking for additional stimulus 12/10/2023
Oil, Crude, trading
Read More »Oil: Selling pressure continues 12/10/2023
US crude oil futures prices declined to be able to cover the rising price gap, as we expected, touching the official targets required to be achieved at 83.75, recording its lowest level at $82.82 per barrel. Technically, with a closer look at the 240-minute time frame chart, we notice continued …
Read More »Euro touches the desired target 12/10/2023
The EUR/USD pair obtained positive signals during the previous trading session, touching the first target achieved in the last report at the price of 1.0640, recording its highest level of 1.0635. On the technical side today, by looking at the 4-hour chart, we find that the simple moving averages still …
Read More »Nasdaq makes notable gains 11/10/2023
Oil, Crude, trading
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