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Oil, Crude, trading
Read More »GBP experiencing huge losses 25/4/2022
The euro may witness a temporary recovery 25/4/2022
The single European currency continues to lose against the strength of the US dollar within the expected bearish technical outlook during the previous analysis, explaining that we are waiting for confirmation of breaking 1.0800 to visit 1.0750 as a first target settled a low at 1.0770. Technically, and by looking …
Read More »European shares slip as investors brace for a rate hike
European shares fell as traders intensified their bets on raising the interest rate after statements tending to tighten from central bank officials, while shares of the German software giant SABB and French luxury goods Kering fell after the two companies announced the results of the first quarter of the year. …
Read More »The euro is falling after statements from the European Central
The euro fell on Friday after officials from the European Central Bank made mixed statements, while the dollar was supported by expectations of a 50 basis point interest rate hike from the Federal Reserve. European Central Bank President Christine Lagarde gave some indication of easing by saying that the bank …
Read More »German Dax loses momentum 22/4/2022
Oil, Crude, trading
Read More »Dow Jones facing strong selling 22/4/2022
Oil, Crude, trading
Read More »CAD building on support 22/4/2022
The pivotal support levels at 1.2460 managed to limit the bearish bias, which forced the pair to rebound bullishly again, heading to touch the required retest target at 1.2660, bypassing the target to record the highest 1.2590. Technically and carefully considering the 4-hour chart, the positive signs on the stochastic …
Read More »The pound faces strong resistance 22/4/2022
Oil, Crude, trading
Read More »The euro hits the resistance, facing negative pressure 22/4/2022
The single European currency managed to target retesting at 1.0920, recording a high of 1.0936, to return to trading with noticeable negativity due to hitting the resistance level. On the technical side, the euro’s moves returned to stability below the resistance level of 1.0880, most importantly below the psychological resistance …
Read More »The euro rises to its highest level in a week
The euro rose to a one-week high on Thursday as market expectations crystallized that the European Central Bank would implement its first interest rate hike as soon as July. European Central Bank President Joachim Nagel joined other policymakers this week in saying the bank may raise interest rates at the …
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