Oil, Crude, trading
Read More »CAD trading negatively ahead of BoC decisions 25/1/2023
Mixed trading dominated the movements of the Canadian dollar yesterday, within a marginal rise, as we mentioned yesterday, to realize the idea of retesting the strong resistance level at 1.3400, recording its highest level at 1.3413. Technically, the pair failed to stabilize for a long time above 1.3400, and forced …
Read More »GBP is hovering around support, await a new signal 25/1/2023
Oil, Crude, trading
Read More »Oil is under negative pressure 25/1/2023
Strong resistance around 82.20, which formed a strong obstacle in front of US crude oil futures prices, contradicting the positive outlook as we expected, in which we relied on the stability of daily trading above 81.00, explaining that the return of trading stability below 81.00 is capable of postponing the …
Read More »Euro retested support 25/1/2023
The technical outlook is unchanged, and the movements of the Euro-dollar pair did not undergo any significant change, including its success in achieving the idea of retesting the support published during the previous report at 1.0835, which forced it to rebound bullishly, and now hovering around the psychological barrier of …
Read More »Dollar is falling and the euro is close to its highest level in 9 months
The dollar hovered near a nine-month low against the euro on Tuesday and gave up recent gains against the yen, as traders weigh the prospects of a US recession as well as the Federal Reserve’s interest rate path. The dollar index, which measures the US currency against a basket of …
Read More »The Japanese Nikkei index closed at the highest level in a month and a half
Japan’s Nikkei index closed at its highest level in more than a month and a half on Tuesday, recouping all its losses since the Bank of Japan’s surprise monetary policy adjustment last month, and technology stocks led the rally, following Wall Street’s gains. The Nikkei rose 1.46 percent to close …
Read More »Dow Jones is trying to establish a support floor 24/1/2023
Oil, Crude, trading
Read More »CAD hovering around support 24/1/2023
Negative trading dominated the movements of the Canadian dollar yesterday within the expected bearish path during the previous technical report, approaching by a few points the required target at 1.3320, recording its lowest level at 1.3340. Technically, looking at the 4-hour chart, we find attempts by Stochastic to obtain positive …
Read More »GBP retesting support 24/1/2023
Oil, Crude, trading
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