Oil, Crude, trading
Read More »GBP: Under strong selling 29/8/2022
Oil, Crude, trading
Read More »Financial Markets’ Weekly Recap, August 22-26
Crude oil was the winner of the week on signs of improving fuel demand, so oil surpassed the performance of all other assets, although some market expectations actually occurred during the past week and some other expectations did not.Energy PricesAfter starting the week near the previous week’s lows, oil attempted …
Read More »GBP: Faces rejection 26/8/2022
Oil, Crude, trading
Read More »GBP is getting positive triggers that need to be confirmed 25/8/2022
Oil, Crude, trading
Read More »Market Drivers – European Session 24/8/2022
The GBP/USD pair turned south and trades a handful of pips below the 1.1800 level, not far above a fresh multi-month low of 1,1716 posted on Tuesday. The greenback regains its dominance across the FX board, following a short-lived knee-jerk on Tuesday, following the release of tepid US growth-related figures. …
Read More »GBP/JPY: facing negative pressure 24/8/2022
The pound fell against the Japanese yen within the bearish bias published in yesterday’s technical report, touching the first target required to be achieved at 161.00, recording its lowest level at 160.80. Technically, we tend to the negativity in our trading, relying on the clear negative crossover on the simple …
Read More »GBP: Negative pressure is still there 24/8/2022
Oil, Crude, trading
Read More »Market Drivers – European Session 23/8/2022
A total of 33 cargo ships loaded with 719,549 tons of food have left Ukraine under the deal brokered by the United Nations and Turkey to open Ukrainian seaports, Ukraine’s agriculture ministry said on Tuesday. The Joint Coordination Center in Turkey, which monitors the agreement’s implementation, estimated the total amount …
Read More »GBP/JPY: may witness a bearish slope 23/8/2022
The British pound fell against the Japanese yen to reverse yesterday’s expected daily bullish trend. It touched the stop-loss order published during the last analysis at 161.40, recording its lowest level at 161.16. Technically, the pair’s current moves are witnessing a return to pivot below the resistance level of the …
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