Tag Archives: Euro

European stocks fell in early trading on Tuesday, affected by a decline in Ericsson shares after disappointing quarterly results and a decline in shares of mining companies as investors monitored the risks resulting from the escalation of the conflict in the Middle East. The European STOXX 600 index fell 0.1 …

Quiet trading that tended to negativity dominated the movements of the EUR/USD pair at the beginning of this week’s trading after it found a strong resistance level around the psychological barrier of 1.0600. The technical outlook remains unchanged, and there has been no significant change in the pair’s movements. With …

European stocks rose on Monday, led by gains made by mining companies amid optimism about demand from China, the largest consumer. However, trading witnessed a cautious approach as investors evaluated the possibilities of escalating conflict in the Middle East. The European STOXX 600 index rose 0.4 percent by 0707 GMT. …

Negative trading dominated the movements of the EUR/USD pair after it collided with the psychological barrier resistance level at 1.0600, which forced the pair to retest 1.0500. On the technical side today, with a closer look at the 4-hour chart, we find the pair stable below the sub-resistance at 1.0550. …

European stocks fell on Friday after US inflation data fueled fears that interest rates will remain high for longer, while weak inflation data from China exacerbated concerns about the global economy. The European STOXX 600 index fell 0.2 percent by 0704 GMT. Shares of mining companies and oil and gas …

Negative trading dominated the movements of the EUR/USD pair during the previous trading session after the US inflation data, which led the US dollar to rise. On the technical side, the euro witnessed immediate stability below the support level of 1.0550, indicating that sneaking below the mentioned level may force …

European stocks hit a three-week high on Thursday, supported by a new round of decline in government bond yields and investor relief due to dovish comments from Federal Reserve officials. The European STOXX 600 index rose 0.6 percent by 0711 GMT, with the mining and car manufacturing sectors leading the …

The EUR/USD pair obtained positive signals during the previous trading session, touching the first target achieved in the last report at the price of 1.0640, recording its highest level of 1.0635. On the technical side today, by looking at the 4-hour chart, we find that the simple moving averages still …

The technical outlook remains unchanged, and there has been no significant change in the movements of the EUR/USD pair as part of the continued attempts to gradually rise upward within the expected bullish context, recording its highest level at 1.0620. Technically, and with a closer look at the 4-hour time …

European stocks rebounded strongly on Tuesday, as reassurance from US monetary policy officials about interest rates and a decline in oil prices helped calm investor fears after conflict in the Middle East fueled a rush towards safe-haven assets. The European STOXX 600 index rose 1 percent by 0709 GMT, after …