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Oil, Crude, trading
Read More »Dow Jones continues to make losses 17/6/2022
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
Read More »The euro is trying to recover 17/6/2022
The previous trading session witnessed the performance of the single European currency, which achieved a noticeable rise to reflect the expected negative outlook during the last analysis, in which we relied on the stability of trading below the pivotal resistance level of 1.0500 and, most importantly 1.0550. We indicated during …
Read More »USD rising to new highs
After the US unemployment data today recorded negative results compared to what analysts expected, recording a decrease of 3000 last week, the market risk appetite was affected. Risk appetite increased on the US dollar during today’s trading after the Federal Reserve’s interest statement yesterday, which announced the US Central Bank …
Read More »European shares slip as recovery fades after US rate hike
European shares fell on Thursday after the US Federal Reserve’s decision to raise interest rates bolstered fears of a possible recession at a time when global economies are facing soaring inflation. The pan-European Stoxx 600 index was down 0.4 percent by 0710 GMT, although European stock futures recovered overnight after …
Read More »Dow Jones: negative pressure continues 16/6/2022
Oil, Crude, trading
Read More »CAD re-testing support 16/6/2022
The Canadian dollar found a pivotal resistance level at the psychological barrier of 1.3000, which forced it to trade with limited negativity towards retesting the 1.2885 support level, which hovers around the pair’s current trading. Technically, the daily trend is still bullish, but we may witness a bearish bias in …
Read More »GBP moves cautiously and eyes are on BoE 16/6/2022
Oil, Crude, trading
Read More »The euro touches targets 16/6/2022
The European currency witnessed typical trading during the previous trading session to test the bullish target of 1.0485, recording the highest level at 1.0510, and returning to the main bearish trend again, approaching a few points from the official descending station at 1.0350, recording its lowest level at 1.0360. Technically …
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