Oil, Crude, trading
Read More »Oil is under negative pressure 14/8/2023
US crude oil futures prices declined after several consecutive sessions of ascending to find a strong resistance level near 83.80. This forced it to trade negatively again, gradually approaching the bearish target published during the previous report 82.00, recording its lowest level at 82.27. Technically, and upon closer look at …
Read More »Euro starts negative 14/8/2023
Negative trades dominated the movements of the euro-dollar pair within the expected general bearish path, in which we relied on the stability of intraday trading below the 1.1000 level, and in general, below the main resistance of 1.1030, recording its lowest level during the morning trading of the current session …
Read More »Dollar is heading for gains for the fourth week
The dollar was heading for a fourth week of gains on Friday after data showed that inflation did not rise as strongly in the United States as expected in July, which helped boost investor expectations that the Federal Reserve will likely end the current interest rate hike cycle. The rise …
Read More »European shares opened lower as US inflation data failed to calm concerns
European stocks fell in early trading on Friday after a wave of gains on Wall Street that was supported by weak inflation data faded, however better-than-expected earnings put the European STOXX 600 on track for a moderate weekly gain. The Stoxx 600 index of European shares fell 0.5 percent by …
Read More »Nasdaq is stable below resistance 11/8/2023
Oil, Crude, trading
Read More »Dow Jones is facing negative pressure 11/8/2023
Oil, Crude, trading
Read More »CAD is trying to build support 11/8/2023
The Canadian dollar found a good support ground around 1.3355, which succeeded in limiting the bearish bias, to start the pair’s daily trading on a bullish path, stabilizing above the mentioned level. Technically, the 50-day simple moving average still holds the price from below, and it meets near 1.3350, which …
Read More »Japanese yen needs additional momentum 11/8/2023
japanese-yen
Read More »GBP is falling strongly against USD 11/8/2023
Oil, Crude, trading
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