Negative trading dominated the movements of the Canadian dollar within the retest technique, as we explained during the previous technical report, touching the first target required to be retested at the price of 1.3530, recording its lowest level at 1.3513. The technical outlook remains unchanged, and the pair’s movements have …
Read More »USD/JPY: Negativity remains 31/8/2023
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Read More »GBP attacks USD 31/8/2023
Oil, Crude, trading
Read More »Oil needs more momentum 31/8/2023
Quiet movements tending to the upside dominated the movements of US crude oil futures contracts within the desired upward path, approaching by a few points from the first official target of 82.30, only to record the highest, around $82.00 per barrel. Technically, with a closer look at the 4-hour chart, …
Read More »Euro continues to recover against the dollar 31/8/2023
Yesterday, the euro presented a positive trading session against the US dollar within the expected positive outlook, in which we relied on confirmation of the pair’s breach of the 1.0880 resistance level, explaining that this is a motivating factor that enhances the chances of touching 1.0915, a first target, and …
Read More »European stocks rise with support from insurance companies
European stocks rose at the open on Wednesday after positive results from Prudential Insurance supported the sector index, while investors awaited more important data to assess the strength of the economy in the region. By 0703 GMT, the European STOXX 600 index rose 0.1 percent after rising about 1 percent …
Read More »Nasdaq continues the upward push 30/8/2023
Oil, Crude, trading
Read More »Dow Jones extends its gains 30/8/2023
Oil, Crude, trading
Read More »CAD tends to be negative 30/8/2023
The Canadian dollar achieved the idea of retesting the support published during the previous technical report, touching the target of retesting the support level of 1.3560, recording its lowest level at 1.3550. Technically, we tend towards negativity in our trading, relying on trading stability below the resistance level of 1.3600, …
Read More »JPY may witness a temporary decline 30/8/2023
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