A strong downward trend continues to control the movements of the Euro/Dollar pair within the negative outlook expected during the previous analysis, touching the desired target at 1.0555, recording its lowest level during early trading of the current session at 1.0555. Technically, and with a closer look at the 4-hour …
Read More »European stocks decline on rising yields and China problems
European stocks continued to decline on Tuesday as high bond yields pressured the interest-rate-sensitive technology sector, while stocks exposed to China continued to weaken due to fears of a slowdown in the world’s second-largest economy. The European STOXX 600 index fell 0.7 percent by 0710 GMT, with the benchmark ten-year …
Read More »Nasdaq maintains a bearish path 26/9/2023
Oil, Crude, trading
Read More »Dow Jones hits bearish targets 26/9/2023
Oil, Crude, trading
Read More »CAD maintains positive stability 26/9/2023
The technical outlook remains unchanged, and the pair’s movements have not significantly changed, maintaining the positive stability that began yesterday’s session, stable above 1.3440. Technically, we are leaning towards positivity in our trading, but with caution, provided that we witness a clear breach of the pivotal resistance level at the …
Read More »USD/JPY touches the official target of the bullish wave 26/9/2023
japanese-yen
Read More »GBP continues to creep negative 26/9/2023
Oil, Crude, trading
Read More »Oil achieves the target of a downward correction 26/9/2023
US crude oil futures prices declined during the previous trading session within the expected downward correction, touching the first downward correction target of 89.40, recording its lowest level of 89.08. Technically, by looking at the 4-hour time frame chart, we find that the simple moving averages have returned to pressure …
Read More »Euro breaks support and negativity remains 26/9/2023
The US dollar pair continues to move in the downward trend as we expected after it found a strong resistance level around 1.0680, which forced the pair to trade negatively, approaching by a few points the target published in the previous report of 1.0550, recording its lowest level of 1.0570. …
Read More »European stocks decline at the beginning of the last week of Q3
European stocks began trading in the last week of the third quarter of the year with a decline, as investors became concerned about the tendency for interest rates to remain high for a longer period, and the weakness of shares of companies exposed to China pressured the index. The European …
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