Oil, Crude, trading
Read More »Market Drivers – European Session 16/8/2022
European shares extended gains for the fifth consecutive session on Tuesday, supported by the mining and defense sectors, although fears of a possible recession limited the pace of the indices’ upside. An internal European Union document shows the bloc plans to fivefold financial support for an African military mission in …
Read More »GBP/JPY: may witness an intraday rise 16/8/2022
GBP/JPY incurred a big day yesterday, recording its lowest level during the first trading sessions of this week, around the 160.10 level. There are currently limited positive movements, trying to benefit from the support level of 160.00. We find the stochastic indicator trying to provide additional momentum on the short …
Read More »GBP sees a technical structure that supports the decline 16/8/2022
Oil, Crude, trading
Read More »GBP/JPY: repeats the chances of rising 12/8/2022
Mixed trading dominated the movements of GBP/JPY during the previous trading session to return to the positive range, building on the support level of 161.80. On the technical side, the current moves are witnessing a slight bullish bias as a result of the intraday stability above 161.60, accompanied by the …
Read More »GBP facing negative pressure, eyes on GDP 12/8/2022
Oil, Crude, trading
Read More »GBP/JPY: trying to build on support 11/8/2022
The pound declined against the yen within the expected negative outlook during the last analysis, touching the official target at 161.90, to record its lowest level at 161.70. On the technical side, today, we find the pair hovering around the 50-day simple moving average, trying to stabilize above, as we …
Read More »GBP facing temporary negative pressure 11/8/2022
Oil, Crude, trading
Read More »GBP/JPY: may see a bearish slope 10/8/2022
Trading tilted to the positive within the expected bullish path yesterday so that GBP/JPY could touch the first target of 163.75, recording its highest level at 163.5. On the technical side today, we tend to decline in our intraday trading, based on the clear negative signs on stochastic, in addition …
Read More »GBP settled below resistance 10/8/2022
Oil, Crude, trading
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