European stocks fell on Thursday, affected by the decline in technology stocks, which are sensitive to interest rate movements, on expectations that large central banks will continue to raise interest rates, but the gains of the Swiss healthcare group Novartis contributed to limiting losses. And by 0715 GMT, the European …
Read More »Dow Jones is making good gains 8/6/2023
Oil, Crude, trading
Read More »CAD: touches the target 8/6/2023
The Canadian dollar declined significantly yesterday, within the expected bearish context during the previous technical report, touching the official target station at 1.3320, recording its lowest level at 1.3320. From the point of view of technical analysis today, the pair succeeded in breaching the support level of 1.3420. they have …
Read More »GBP trying to recover 8/6/2023
Oil, Crude, trading
Read More »Oil: positive need confirmations 8/6/2023
US crude oil futures prices reversed the expected bearish trend during the previous analysis, touching the stop loss order at 71.55, explaining that the price’s consolidation above the resistance above level can turn the daily trend into an upward one, targeting 72.45 and 73.40, recording its highest level at $73.15 …
Read More »Euro maintains the same technical conditions 8/6/2023
Trading tended to be positive, dominating the movements of the euro-dollar pair within the idea of retesting the resistance, but still limited movements confined from below above 1.0675, and from above below 1.0740. On the technical side today, and with a closer look at the 4-hour chart, we find that …
Read More »Dow Jones is building on support 7/6/2023
Oil, Crude, trading
Read More »CAD: negative pressure remains 7/6/2023
The bearish trend continues to control the movements of the Canadian dollar. It is heading to touch the bearish target required to be achieved during the previous report, located at 1.3385, recording its lowest level at 1.3388. Technically, today, we notice the continuation of the clear negative crossover signs on …
Read More »GBP may test resistance 7/6/2023
Oil, Crude, trading
Read More »Oil is stable below resistance 7/6/2023
Negative trading dominated the prices of US crude oil futures contracts yesterday, after the price crept below the strong support level published during the previous technical report at 71.55, recording its lowest level at 70.17, and the intraday movements are still stable below the mentioned support, and it is currently …
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