Oil, Crude, trading
Read More »CAD: starts on the negative 21/6/2022
The movements of the Canadian dollar witnessed several consecutive sessions of ascending to find the pair collided with the resistance level of the psychological barrier 1.3000, which pressures the current intraday movements to the downside. From the technical analysis point of view today, and with a closer look at the …
Read More »GBP: retested support 21/6/2022
Oil, Crude, trading
Read More »The euro is trying to build on the support 21/6/2022
Quiet trading tilted to the positivity that dominated the movements of the euro against the US dollar amid the absence of US markets yesterday to find the pair trying to establish a support floor around 1.0470, which forced it to rebound to the upside. Technically, the current moves are witnessing …
Read More »The euro rises with a focus on ECB
The euro rose on Monday as markets focused on the European Central Bank’s anti-fragmentation tools in the eurozone, even as French President Emmanuel Macron lost an outright majority in legislative elections. The final results showed that Macron’s “Together” alliance obtained the largest number of votes in the National Assembly elections, …
Read More »Yen falls 1.9% after Bank of Japan sticks to easing policies, franc rises again
The Japanese yen fell 1.9% on Friday after the Bank of Japan bucked a wave of monetary tightening and stuck to an ultra-low interest rate, while currency markets looked poised for another choppy session after a series of rate hikes this week. The surprise decision of the Swiss National Bank …
Read More »European shares rise at the end of a turbulent week
European shares rose on Friday but headed for sharp weekly losses after a series of interest rate increases from major central banks fueled fears of a sharp economic slowdown. The pan-European Stoxx 600 index rose 0.8 percent in volatile trading, but it is still heading for a weekly decline of …
Read More »Dow Jones continues to make losses 17/6/2022
Oil, Crude, trading
Read More »CAD maintains positive stability 17/6/2022
Positive attempts by the Canadian dollar to maintain positive stability after it built a strong support level at 1.2885 within a gradual ascent to the upside. Technically, we tend to the positivity, relying on the positive motive coming from the 50-day simple moving average, which continues to hold the price …
Read More »GBP: retest scenario 17/6/2022
Oil, Crude, trading
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