Oil, Crude, trading
Read More »Oil continues to make losses 12/11/2024
US crude oil futures prices experienced a significant decline in the last trading session, aligning with the bearish outlook, and met the forecasted targets at 68.55, hitting a session low of $67.84 per barrel. Technical Analysis: Bearish Bias: Oil prices are currently under negative pressure, with trading stability below 68.60. …
Read More »Euro continues to fall against dollar 12/11/2024
The Euro experienced a significant decline against the U.S. Dollar, in line with previous expectations, after successfully breaking the 1.0680 support level. This move took the pair down to its initial target at 1.0665, coming close to the next key station at 1.0610, with a recorded low of 1.0628. Technical …
Read More »Market Review: Euro Dips to 4-Month Low Against Dollar Amid Tariff Fears and U.S. Policy Uncertainty
The euro fell to its lowest level in 4 and a half months against the U.S. dollar on Monday, as concerns about potential U.S. tariffs weighed heavily on the currency and investors reacted to growing uncertainties surrounding U.S. economic policy under President-elect Donald Trump. At 10:00 GMT, the euro was …
Read More »European Stocks Rise Amid Wall Street Momentum and Federal Reserve Rate Cut
European stock markets kicked off the week on a high note, buoyed by record gains from Wall Street and recent moves by the U.S. Federal Reserve to lower interest rates. By 03:10 ET (08:10 GMT), key indices showed robust gains: Germany’s DAX was up 1.1%, France’s CAC 40 increased by …
Read More »Dow Jones Repeats Upside Chances 11/11/2024
Oil, Crude, trading
Read More »USD/JPY resumes rising 11/11/2024
japanese-yen
Read More »GBP continues to decline 11/11/2024
Oil, Crude, trading
Read More »Oil settles below support 11/11/2024
US crude oil futures experienced a significant decline last week, hitting a low of $69.95 per barrel. Technical Analysis: Bearish Momentum: Oil prices are under negative pressure, with intraday trading staying below the 70.60 resistance level. The price continues to trade under the 50-day simple moving average, reinforcing the bearish …
Read More »Euro awaits confirmation of break 11/11/2024
The EUR/USD pair continues to experience bearish pressure, reaching a low of 1.0667 at the end of last week’s trading session. Technical Analysis: Bearish Outlook: The simple moving averages exert downward pressure on the pair, and trading remains below the significant resistance level at 1.0785. Support Levels: A decisive break …
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