Oil, Crude, trading
Read More »USD/JPY suffers heavy losses 1/8/2024
japanese-yen
Read More »GBP needs a negative stimulus 1/8/2024
Oil, Crude, trading
Read More »Oil makes notable gains 1/8/2024
US crude oil futures surged yesterday, reaching a high of $78.70 per barrel. Technically, the 4-hour chart indicates that oil has moved above the 50-day simple moving average, supporting a positive outlook. Additionally, the price is holding above the 78.00 support level. Given this stability, the upward trend appears likely …
Read More »Euro awaits new move signal 1/8/2024
The EUR/USD pair experienced narrow sideways trading, confined between the support level at 1.0800 and the resistance level at 1.0850. Technically, the 240-minute chart shows continued negative pressure from the simple moving averages, alongside the stability of daily trading below the pivotal resistance level of 1.0880. Given these conditions, there …
Read More »US Dollar Holds Recent Gain Amid Promising Data, Ahead of FOMC Meeting
US Dollar maintains momentum ahead of Fed decision and labor market update. US JOLTs and CB Consumer Confidence figures exceed expectations. Fed is expected to stay data-dependent and keep possibilities open for a September cut.The US Dollar, measured by the DXY index, is trying to continue its upward trend, but …
Read More »European Shares Remain Flat as Investors Await Key Economic Data
European shares showed muted movement on Tuesday as investors held back, awaiting the outcome of the Federal Reserve’s monetary policy meeting and upcoming Eurozone inflation data. Despite the overall cautious sentiment, technology and oil stocks provided some support to the market. STOXX 600 IndexThe pan-European STOXX 600 index inched up …
Read More »Dow Jones faces negative pressure 30/7/2024
Oil, Crude, trading
Read More »GBP needs a negative stimulus 30/7/2024
Oil, Crude, trading
Read More »USD/JPY Trying to Recover 30/7/2024
japanese-yen
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