Quiet negative movements dominated the euro-dollar pair within the expected bearish path during the previous report, approaching the first target 1.0955, recording its lowest level at 1.0965, after failing to stabilize for a long time above the resistance of the psychological barrier 1.1000. On the technical side today, and with …
Read More »European stocks decline as investors await inflation data
European stocks fell Monday, August 7th at a time when investors are assessing the potential impact of a US jobs report on future monetary policy moves in the United States, and they are also anticipating important data on inflation from several countries around the world this week. And by 07:03 …
Read More »Nasdaq is facing temporary negative pressure 7/8/2023
Oil, Crude, trading
Read More »Dow Jones tends to fall 7/8/2023
Oil, Crude, trading
Read More »CAD maintains a gradual climb 7/8/2023
Positive trading dominated the movements of the Canadian dollar during the previous trading session to end its weekly dealings above 1.3350, and the current movements of the pair are witnessing stability around 1.3377. Technically, we tend to be positive in our trading depending on the positive impulse from the 50-day …
Read More »GBP is retesting the resistance 7/8/2023
Oil, Crude, trading
Read More »Oil continues to make gains 7/8/2023
US crude oil futures prices jumped by the end of last week’s trading to achieve noticeable gains during the American period, recording a high of $83.26 per barrel. Today’s technical outlook. Closer looking at the 240-minute chart, we notice the continuation and regularity of work within the bullish channel and …
Read More »The Euro is stable below resistance 7/8/2023
Negative trades continue to control the movements of the euro-dollar pair, to start this week’s trading on a bearish slope, stable below the resistance level of the psychological barrier 1.1000. On the technical side today, and when looking closely at the 4-hour chart, we find that stochastic continues to provide …
Read More »European stocks stabilize after a 3-day sell-off
European stocks were flat on Friday after a three-day sell-off, as recent fears of slowing global economic growth were outweighed by strong expectations from retail giant Amazon and a number of other companies. The pan-European Stoxx 600 index rose 0.1% by 0723 GMT, but was still on track to post …
Read More »Dollar suffers ahead of the jobs data and the Australian dollar is recovering
The dollar fell from a four-week high against its major counterparts on Friday, as investors awaited the jobs report, which could influence the course of US interest rate movements. The pound sterling recorded a slight increase after it compensated for the losses it suffered in the wake of the Bank …
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