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 …
Read More »Euro maintains negative stability 7/6/2023
The EUR/USD pair touched the first bearish target within the bearish path published during the previous technical report, located at 1.0665, recording its lowest level at 1.0665. On the technical side today, and with a closer look at the 4-hour chart, we find that the pair is still stable below …
Read More »European shares opened flat amid fears of raising interest rates
European stocks opened flat on Tuesday, as fears of major central banks raising interest rates to counter slowing economic growth offset support from defensive healthcare stocks. The European Stoxx 600 index settled at 459.78 points. The index had fallen in the previous session due to data that indicated weak activity …
Read More »European stocks open stable, with the London Stock Exchange leading gains
European shares opened stable on Monday after the markets failed to take advantage of the momentum resulting from last week’s gains, while London shares led the gains in the region, supported by the optimistic performance of energy companies on the back of rising oil prices. The European Stoxx 600 index …
Read More »Dow Jones achieves positive closes 5/6/2023
Oil, Crude, trading
Read More »CAD continues to decline 5/6/2023
The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining negative stability after failing to achieve a daily closing above the resistance of the psychological barrier of 1.3500. From a technical point of view, today, we notice the continuation of the clear negative crossover signs on …
Read More »GBP returns to negativity 5/6/2023
Oil, Crude, trading
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