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Oil, Crude, trading
Read More »GBP to be monitored 18/8/2023
Oil may resume the bearish correction 18/8/2023
The price of US crude oil futures witnessed an upward trend yesterday after several successive sessions of decline, benefiting from the support of the psychological barrier at 79.00 to provide some bullish bounce to retest the $81.00 level. Technically, looking closely at the 4-hour chart, we find the price stable …
Read More »Euro is getting weak positive signals 18/8/2023
The single European currency continued its negative trading against the US dollar within the expected bearish context, gradually approaching the third expected target of 1.0840, recording its lowest level at 1.0855. On the technical side, the Euro found a good support ground around 1.0850, forcing it to achieve some limited …
Read More »European stocks decline as the minutes of the US Central Bank meeting pressure on market sentiment
European stocks fell on Thursday, pressured by a drop in BAE Systems after it agreed to buy the aerospace unit of Bull Corp, while minutes from the Federal Reserve’s July meeting weighed on sentiment as they raised concerns about interest rates staying higher for longer. By 0713 GMT, the pan-European …
Read More »Nasdaq achieves bearish targets 17/8/2023
Oil, Crude, trading
Read More »Dow Jones is witnessing further declines 17/8/2023
Oil, Crude, trading
Read More »CAD continues to climb 17/8/2023
Positive trades dominated the movements of the US dollar against the Canadian dollar within the expected positive outlook, touching the first target at 1.3530, recording its highest level at 1.3552. Technically, the 50-day simple moving average is still holding the price from below, in addition to the positive signs coming …
Read More »JPY continues to hit the targets 17/8/2023
japanese-yen
Read More »GBP needs a negative incentive to continue the decline 17/8/2023
Oil, Crude, trading
Read More »Oil resumes the bearish correction 17/8/2023
Significant losses were incurred by the prices of US crude oil futures contracts as part of intensive selling operations during the previous trading session, touching the bearish correctional targets, as we expected at the price of 78.95, recording its lowest level at $79.00 per barrel. Technically, looking closely at the …
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