Tag Archives: European Stocks

As we expected, the British pound achieved substantial gains against its Japanese counterpart, touching the official target during the previous trading session at 156.10, recording a high of 156.15. On the technical side, we maintain our positive outlook, relying on the pair’s continuation of obtaining a positive stimulus from the …

During the European trading session today, the market held a similar tone to its trajectory yesterday, as stocks are recovering modestly after the setback that occurred in the trading stages this week. European indices maintained their gains, while US futures pointed to solid gains as bond yields continued to decline, …

The British pound managed to touch the first bullish target published during the previous analysis at the price of 155.00, approaching the next stop by a few points difference at 155.45, recording a high of 155.30. On the technical side, we tend to the positivity in our trading, relying on …

During the European session today, the Chinese yuan rose to 6.44 against the US dollar, approaching a two-week high of 6.43 touched earlier in October. Investors cheered strong Chinese trade data showing that exports and imports continued to rise at robust rates in September, both of which set records. On …

GBP/JPY managed to achieve the expected positive outlook yesterday, touching the first target around 154.80, to record its highest level at 154.82. On the technical side today, the daily trend is still tilting to the upside due to the positive motive of the simple moving averages that continue to carry …

European shares fell on Tuesday, October 12 as investors feared higher commodity prices would hurt the recovery of corporate earnings, and the sentiment was also affected by fresh evidence of problems at Chinese real estate investment group Evergrande. The European STOXX600 index fell 0.9% by 07:11 GMT after similar declines …

Positive trading dominated the pound’s movements against its Japanese counterpart during the previous trading session, heading towards touching the official target to be achieved at 154.40, recording its highest level at 154.50. Technically, with the pair still obtaining a positive stimulus from the 50-day moving average, in addition to the …

GBP/JPY jumped within the expected bullish context, touching the official target station at 153.20, recording the highest level at 153.75. On the technical side today, we find the positivity continuing to dominate the stochastic, accompanied by the positive motive for the 50-day moving average, which holds the price from below. …

European shares fell, as a decline in the technology sector offset the impact of gains in oil and auto stocks, while investors remained cautious ahead of the US jobs data. The pan-European STOXX 600 index fell 0.2 percent after technology shares fell 0.9 percent, while oil and gas shares jumped …

European shares rose in early trade, as lower oil and gas prices eased some of the investor concern about hyperinflation. The pan-European Stoxx 600 index rose 1.1 percent in a broad-based buying wave, reversing its weekly losses, as mining, auto, and utility advanced. Oil prices fell for the second consecutive …