European shares rose on Thursday following strong results for several companies, while the focus is on the Bank of England, which is expected to raise interest rates by the most since 1995. The pan-European Stoxx 600 index rose 0.1 percent, following the path of Asian stocks, which rose 0.4 percent, …
Read More »Dow Jones builds on support 4/8/2022
Oil, Crude, trading
Read More »CAD faces strong resistance 4/8/2022
For the third session in a row, the Canadian dollar hits the strong resistance level published during the week at 1.2885, which forced it to trade negatively, maintaining the bearish context as we expected. Technically, we tend to the negativity, relying on the support of the 50-day simple moving average …
Read More »GBP trades cautiously ahead of BoE decision 4/8/2022
Oil, Crude, trading
Read More »Euro is looking for a destination 4/8/2022
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, in addition to the limited trading between the daily trend keys published yesterday, explaining that activating the short positions as soon as 1.0150 is broken, targeting 1.0120, to record the pair’s lowest level at 1.0118. …
Read More »European shares fall before the release of important economic data
European shares fell in early trading on Wednesday, ahead of key business growth data, as broader markets awaited the potential fallout from US House Speaker Nancy Pelosi’s visit to Taiwan. The pan-European Stoxx 600 index was down 0.2 percent by 7:10 GMT. Investors are awaiting important data on business and …
Read More »Nikkei rises as investors look for strong results
Japan’s Nikkei index closed higher on Wednesday, recovering from the previous session’s losses, as investors turned to Daikin Industries and other companies that posted solid gains. The Nikkei index rose 0.53 percent to 27,741.90 points, falling 1.42 percent on Tuesday, its biggest daily loss in three weeks. The broader Topix …
Read More »Dow Jones experiences temporary negative pressure 3/8/2022
Oil, Crude, trading
Read More »CAD waiting to break support 3/8/2022
The technical outlook is unchanged, and the Canadian dollar’s movements did not change much, maintaining the negative stability below the 1.2885 resistance level. Technically, we tend to the negativity, relying on the support of the 50-day simple moving average for the bearish bias, which is exerting its negative pressure, in …
Read More »GBP stable above the support of the ascending price channel 3/8/2022
Oil, Crude, trading
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