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Oil, Crude, trading
Read More »Dow Jones is making significant gains 9/9/2022
CAD achieves the goal and confirms breaking the support 9/9/2022
The British pound managed to rise published during the previous analysis, surpassing the official target required to be touched yesterday at the price of 1.1560. It is now hovering around its highest level during today’s morning trading session at 1.1595. Technically, we tend in our trading to the positive, depending …
Read More »GBP takes advantage of USD 9/9/2022
Oil, Crude, trading
Read More »Oil may witness a temporary recovery attempt 9/9/2022
Negative trading dominated the US crude oil futures prices within the expected bullish track, to settle for recording its lowest level near the 81.00 barrier. Technically, the current oil movements are witnessing a bullish tendency, benefiting from stability above the mentioned support level and the attempt for intraday stability above …
Read More »The Euro breaks the resistance and starts forming a bullish wave 9/9/2022
The euro succeeded in achieving noticeable gains against the US dollar within the expected bullish path, in which we depended on consolidation above the parity point 1.0000, explaining that this is a catalyst that enhances the chances of rising to visit 1.0080, reaching its highest level during the early trading …
Read More »Euro hovers above two-decade low ahead of ECB decision
On Thursday, the euro hovered above the 20-year low hit two days ago as investors awaited the European Central Bank’s policy decision and comments from the Federal Reserve chief for indications on the path of global monetary tightening. The European Central Bank is expected to raise interest rates by 75 …
Read More »European stocks open higher
European shares opened higher on Thursday, ahead of what could be the largest interest rate hike ever announced by the European Central Bank. Mining and banking stocks led the gains. Markets are awaiting the size of the central bank’s increase in the main interest rate. The bank is studying a …
Read More »Nikkei closes at a one-week high, tracking Wall Street
Japan’s Nikkei closed at a one-week high on Thursday, tracking the strong close on Wall Street Wednesday night, while the yen’s slide against the dollar raised hopes for better prospects for local businesses. The Nikkei jumped 2.31 percent to 28,065.28 points, its highest closing level since Aug. 31. The index …
Read More »Dow Jones is based on support 8/9/2022
Oil, Crude, trading
Read More »CAD may witness a temporary decline 8/9/2022
Mixed trading dominated the movements of the Canadian dollar, affected by the decision of the Bank of Canada regarding interest rates. The pair failed to breach the 1.3200 resistance, which forced it to form a bearish slope to retest the 1.3120 support level. Technically, and by looking at the 4-hour …
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