US crude oil futures prices incurred significant losses during the previous trading session; within the bearish corrective context, we relied on breaking 81.70, touching the required target of 80.70, and recording its lowest level at $80.44 per barrel. Technically, looking closely at the 4-hour chart, we find the price stable …
Read More »Euro is completing the bearish directional movement 17/8/2023
Negative pressure is facing the euro-dollar pair within the expected bearish directional movement, touching the second official target to be achieved during the previous technical report, located at the price of 1.0885, recording its lowest level at 1.0861 during today’s morning trading. On the technical side today, and with a …
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European stocks opened slightly lower on Tuesday, as declines in real estate stocks amid higher bond yields offset gains in retail stocks, led by British department store Marks & Spencer, which raised its profit forecasts. And by 0720 GMT, the European Stoxx 600 index fell 0.1 percent, with real estate …
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japanese-yen
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Oil, Crude, trading
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Oil, Crude, trading
Read More »CAD maintains the bullish trajectory 15/8/2023
The technical outlook is as it is, without change, and the pair’s movements did not change significantly, maintaining its bullish path after establishing a good support base of around 1.3400. From the point of view of technical analysis today, the 50-day simple moving average still carries the price from below, …
Read More »JPY continues to break through the tops 15/8/2023
japanese-yen
Read More »GBP awaits confirmation of the breakout 15/8/2023
Oil, Crude, trading
Read More »Oil needs a negative catalyst 15/8/2023
Mixed movements dominated the prices of US crude oil futures contracts, moving in both upward and downward directions. As a reminder, we indicated during the previous report that we are waiting for a bearish tendency that aims to retest 82.00 and 81.70, explaining the importance of this level to the …
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