Oil, Crude, trading
Read More »Oil is waiting for a stronger trend 28/8/2023
Mixed movements still control the prices of US crude oil futures contracts, to move in both upward and downward directions, recording a high of 80.45 before hitting a low of around $78.20 per barrel. Technically, by looking at the 240-minute chart, the price is shifting around the 50-day simple moving …
Read More »Euro suffers from the rise of USD 28/8/2023
As we expected, the euro-dollar pair continues its bearish trend, recording its lowest level at the end of last week’s trading, around 1.0766, as part of attempts for a bullish rebound, to hover now around the resistance level of the psychological barrier 1.0800. On the technical side today, and when …
Read More »Euro is falling and Dollar is rising just before Powell’s speech
The euro fell to its lowest level since mid-June on Friday, weighed down by growing expectations that the European Central Bank could soon stop raising interest rates, while the dollar rose broadly ahead of a speech by Federal Reserve Chairman Jerome Powell. Reuters quoted eight informed sources as saying that …
Read More »European stocks fall as investors focus on ECB
European stocks fell in early trading on Friday, as investors were cautious ahead of the statements of the heads of major central banks at the Jackson Hole symposium in the United States, while the rise in bond yields continued to pressure stocks. And by 0711 GMT, the European Stoxx 600 …
Read More »Nasdaq gives up its gains 25/8/2023
Oil, Crude, trading
Read More »Dow Jones continues to form a passive attack 25/8/2023
Oil, Crude, trading
Read More »CAD continues to achieve bullish goals 25/8/2023
The technical outlook remains unchanged, as the Canadian dollar maintains the expected bullish path during the previous report, touching our first target of 1.3575, recording its highest level at 1.3600. Technically, by looking at the 4-hour chart, we find that the pair is still stable above 1.3540, and in general, …
Read More »JPY based on support 25/8/2023
japanese-yen
Read More »GBP is selling heavily 25/8/2023
Oil, Crude, trading
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