Positive trading returned to dominate the movements of the Canadian dollar during the previous trading session after it succeeded in basing itself on the strong support floor at 1.3420. Technically, we are leaning towards positivity in our trading, but with caution, provided that we witness a clear breach of the …
Read More »USD/JPY continues to advance 25/9/2023
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Read More »GBP may extend its losses 25/9/2023
Oil, Crude, trading
Read More »Oil is facing temporary negative pressure 25/9/2023
A gradual rise in the prices of US crude oil futures contracts within the bullish context was expected during the previous technical analysis, approaching by a few points from the published target of 91.40, recording its highest level of $91.30 per barrel. Technically, with a closer look at the 4-hour …
Read More »Euro is waiting to break support to confirm the negativity 25/9/2023
The technical outlook remains unchanged, and there has been no significant change in the pair’s movements. We notice the continued stability of the pair below the simple moving averages that support the continuation of the downward curve for prices, accompanied by clear negative signals on the Stochastic indicator on the …
Read More »European stocks are heading for a weekly decline, with the possibility of a rate hike lasting longer
European stocks fell on Friday and were heading to end a week full of central bank decisions on a lower note, while investor assessments concluded that borrowing costs are likely to remain high for some time. By 0709 GMT, the European Stoxx 600 index fell 0.6 percent after ending the …
Read More »Nasdaq touches the bearish target 22/9/2023
Oil, Crude, trading
Read More »Dow Jones suffers huge losses 22/9/2023
Oil, Crude, trading
Read More »CAD may witness a decline 22/9/2023
The Canadian dollar achieved the upward targets required to be touched during the previous technical report at 1.3510 and then 1.3530, recording its highest level of 1.3524. Technically, we are leaning toward negativity in our trading, relying on the pair’s failure to maintain its positive stability above the psychological barrier …
Read More »USD/JPY retests support 22/9/2023
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