European stocks extended losses on Tuesday as rising US Treasury yields and the dollar pressured high-risk assets such as stocks and commodities, while a pessimistic outlook from the financial brokerage sector weighed on fashion retail companies. Strong economic data and the US Congress’ approval of a financing bill to avoid …
Read More »Nasdaq to be watched 3/10/2023
Oil, Crude, trading
Read More »Dow Jones: Negative pressure remains 3/10/2023
Oil, Crude, trading
Read More »CAD touches the extended goal 3/10/2023
The Canadian dollar jumped to achieve substantial gains within the expected positive outlook during the previous report, touching the official target to be achieved at 1.3670, recording its highest level during the morning period of today’s session at 1.3705. Technically, and with a closer look at the 4-hour time frame …
Read More »JPY needs to break the resistance 3/10/2023
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Read More »GBP returns to negativity 3/10/2023
Oil, Crude, trading
Read More »Oil touches corrective targets 3/10/2023
Negative trading dominated the prices of US crude oil futures within the expected downward correction during the previous technical report, exceeding the required targets to reach the official target of 88.70, recording its lowest level of $87.80 per barrel. Technically, oil failed to maintain trading above 89.40. This previously broken …
Read More »Euro: The negative creep continues 3/10/2023
We remained neutral for the moment during the previous technical report due to the conflicting technical signals, explaining that activating the selling positions depends on the pair’s failure to break through the psychological barrier of 1.0600 resistance, heading to touch the first official target of 1.0500, recording its lowest level …
Read More »European stocks start the 4th quarter with gains
European stocks began the last quarter of 2023 with modest gains on Monday after the United States avoided entering a government shutdown, while investors awaited factory activity data for indications about the performance of companies in the euro zone. The European STOXX 600 index rose 0.4 percent by 0717 GMT, …
Read More »Nasdaq starts positive 2/10/2023
Oil, Crude, trading
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