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Oil, Crude, trading
Read More »Dow Jones incurs heavy losses 13/6/2022
CAD extends gains 13/6/2022
Notable gains were achieved by the Canadian dollar within the expected bullish path during the previous report, touching the extended target required to be touched at 1.2810, recording its highest level during the early morning trading of today’s session at 1.2820. Technically, and by looking at the 4-hour chart, we …
Read More »GBP Giving up against USD 13/6/2022
Oil, Crude, trading
Read More »The euro achieves the bearish goals 13/6/2022
A strong bearish trend dominated the movements of the euro against the US dollar within the expected negative outlook, reaching the official target at 1.0520, recording its lowest level during the first trading of this week at 1.0475. Technically, looking at the 240-minute chart, we notice the pair’s failure to …
Read More »The dollar falls against the euro before US inflation data
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. …
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