European stock markets declined on Thursday as ongoing tensions in the Middle East dampened investor sentiment. Traders are also awaiting the release of key regional economic activity data, particularly services PMI reports, which could influence monetary policy expectations. By 07:05 GMT, Germany’s DAX index fell 0.4%, while France’s CAC 40 …
Read More »Dow Jones: Negativity persists 3/10/2024
Oil, Crude, trading
Read More »USD/JPY Extends Gains 3/10/2024
japanese-yen
Read More »GBP retests support 3/10/2024
Oil, Crude, trading
Read More »Oil tries to renew chances of rising 3/10/2024
Crude oil prices experienced mixed trading with a positive tendency, reaching a peak at $72.45 per barrel amidst ongoing geopolitical tensions. Technically, the outlook remains cautiously optimistic, with oil prices continuing to receive positive momentum from the 50-day simple moving average. This is supported by stable intraday trading above the …
Read More »Euro presses support 3/10/2024
The EUR/USD pair experienced negative trading in the previous session, diverging from the expected upward trend outlined in the last technical report, where we relied on the pair maintaining stability above the psychological support level of 1.1100. As previously indicated, breaking through 1.1100, and more importantly 1.1095, would halt the …
Read More »Dow Jones is trying positively 1/10/2024
Oil, Crude, trading
Read More »USD/JPY breaks resistance 1/10/2024
japanese-yen
Read More »GBP tries to gain extra momentum 1/10/2024
Oil, Crude, trading
Read More »Oil faces negative pressure 1/10/2024
US crude oil futures experienced significant losses, as anticipated in the previous report, reaching a low of $67.45 per barrel within the bearish trend. Technically, we maintain a cautious negative outlook, relying on the ongoing downward pressure from the simple moving averages, along with the stability of momentary trading below …
Read More »