Tag Archives: European Stocks

During the previous trading session, the British pound fell against its Japanese counterpart within the expected bearish context, heading for the expected bearish targets at 162.00 and then 161.45. Technically, we tend to the limited positivity and expect a bullish bias in the coming hours, based on the positive crossover …

Oil, Crude, trading

Negative trading continued to dominate the movements of the pound sterling against the Japanese yen, after it hit the resistance level of 162.65, which forced it to settle negatively. On the technical side, we are inclined to negativity, relying on the clear negativity signs on the stochastic indicator. with because …

Oil, Crude, trading

Oil, Crude, trading

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 …

Oil, Crude, trading

Oil, Crude, trading

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. …

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 …