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Read More »USD/JPY maintains bullish path 7/9/2023
GBP extends its losses 7/9/2023
Oil, Crude, trading
Read More »Oil retests support 7/9/2023
For the second session in a row, US crude oil futures prices found a strong resistance level around 88.00, which formed a negative pressure factor on the oil price to conclude yesterday’s trading around $87.55 per barrel. Technically, the simple moving averages do not support the daily upward curve of …
Read More »Euro resumes its decline against the dollar 7/9/2023
The Nasdaq index reached the official target to be achieved yesterday, which was at 15,400, recording its lowest level at 15,395. Technically, we are leaning towards negativity in our trading, but with caution, relying on the clear negative signals on the 14-day momentum indicator on short time frames and trading …
Read More »European stocks continue their losses affected by fears of an economic slowdown
European stocks extended their losses for the sixth straight session on Wednesday as concerns about the global economic slowdown and rising crude oil prices leading to inflationary pressures made investors reluctant to take risks. By 0713 GMT, the STOXX 600 index was down 0.5 percent, hovering near its lowest level …
Read More »Nasdaq may witness new declines 6/9/2023
Oil, Crude, trading
Read More »Dow Jones: negative pressure remains 6/9/2023
Oil, Crude, trading
Read More »CAD continues to gradually rise 6/9/2023
Positive trading dominated the movements of the Canadian dollar yesterday within the bullish context expected during the previous technical report, touching the target of 1.3660, recording its highest level of 1.3670. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair established a …
Read More »USD/JPY making notable gains 6/9/2023
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Read More »GBP confirms the break 6/9/2023
Oil, Crude, trading
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