The dollar fell Friday, June 10, as traders awaited the US inflation data that should provide indications of the path of monetary tightening at the Federal Reserve, and after the European Central announced the start of raising interest rates next month. The euro rose after its decline Thursday, June 9, …
Read More »European stocks fall ahead of US inflation data
European shares extended losses on Friday for the fourth consecutive session, ahead of the release of US inflation data that may prompt more speculations about the monetary policy path of the Federal Reserve at its meeting next week. Indices of all sectors fell, and the banking sector was the biggest …
Read More »CAD breaks through the resistance 10/6/2022
The Canadian dollar jumped, achieving strong gains during the previous trading session, within the idea of the expected bullish bias, bypassing the official target price station 1.2660, to record the highest level at 1.2710. Technically, and with the pair beginning to attack the resistance level of the psychological barrier, we …
Read More »GBP loses bullish momentum 10/6/2022
Oil, Crude, trading
Read More »The euro is getting negative signals 10/6/2022
The single European currency declined noticeably during the previous trading session. Therefore, we adhered to intraday neutrality in the last analysis, explaining that activating short positions is confirmed by breaking 1.0670, targeting 1.0600, to record the pair’s lowest level at 1.0610. Technically and carefully considering the 4-hour chart, we find …
Read More »European shares decline ahead of ECB statement
European shares fell on Thursday ahead of the European Central Bank meeting later on Thursday, as investors awaited indications of the bank’s plans to tighten monetary policy. The pan-European Stoxx 600 index was down 0.5% by 0709 GMT. The index is heading towards incurring losses for the third consecutive session. …
Read More »German DAX tends to retreat ahead of the ECB decision 9/6/2022
Oil, Crude, trading
Read More »Dow Jones stable below resistance 9/6/2022
Oil, Crude, trading
Read More »CAD building on support and may witness an upward trend 9/6/2022
The movements of the Canadian dollar witnessed a positive trading session within the idea of a bullish bias, as we expected during the previous analysis, building on the 1.2500 support floor to achieve a bullish slope that targeted a retest of 1.2570. From the technical analysis point of view today, …
Read More »GBP loses bullish momentum 9/6/2022
Oil, Crude, trading
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