European stock markets remained relatively stable on Wednesday as investors evaluated a series of major corporate earnings while awaiting policy decisions from both the European Central Bank (ECB) and the U.S. Federal Reserve. As of 03:05 ET (08:05 GMT): Germany’s DAX rose 0.4% France’s CAC 40 slipped 0.4% UK’s FTSE …
Read More »Dow Jones touches desired target 29/1/2025
Oil, Crude, trading
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japanese-yen
Read More »GBP tests support 29/1/2025
Oil, Crude, trading
Read More »Oil: Negative pressure persists 29/1/2025
Negative pressure continues to dominate U.S. crude oil futures, with prices reaching a low of $72.95 per barrel during the previous session. From a technical perspective, the 4-hour chart reveals a bearish head and shoulders formation, with the price remaining below 74.25, further pressured by negative signals from the simple …
Read More »Euro may continue gradual decline 29/1/2025
The EUR/USD pair remains in narrow sideways trading, gradually declining toward the first target of 1.0400, after recording its lowest price at 1.0414. From a technical analysis perspective, the 4-hour chart shows the pair stabilizing below the key resistance levels of 1.0460 and, more importantly, 1.0485. Additionally, the 14-day momentum …
Read More »Dow Jones tries to hold above support 28/1/2025
Oil, Crude, trading
Read More »USD/JPY: to be monitored 28/1/2025
japanese-yen
Read More »GBP may retest support 28/1/2025
Oil, Crude, trading
Read More »Oil: Bearish Technical Structure 28/1/2025
A bearish trend dominated US crude oil futures prices during the early trading sessions this week, with prices reaching their lowest level at $72.42 per barrel. From a technical standpoint, examining the 4-hour chart reveals the formation of a bearish inverted head and shoulders pattern. Additionally, oil prices remain below …
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