Oil, Crude, trading
Read More »European shares fell, affected by the decline in retail and US stocks
European shares fell 1.7 percent on Thursday after heavy selling on Wall Street, as weak results from retail companies highlighted the impact of high inflation on the world’s largest economy. European retail stocks fell, following in the footsteps of their American counterparts, by 2.4 percent and was the biggest loser …
Read More »GBP/JPY: Building on Support 19/5/2022
The British pound declined noticeably yesterday, within the scenario of retesting the support, as we expected, touching the official target station at 159.20, recording its lowest level at 157.90. Technically, and with careful consideration of the 4-hour chart, the pair found a strong support floor around 158.50, which forced it …
Read More »GBP in favor of the downtrend 19/5/2022
Oil, Crude, trading
Read More »GBP/JPY: getting negative signals 18/5/2022
Positive trading dominated the movements of the pound sterling against its Japanese counterpart, as we expected, touching the official price target during the previous analysis at 161.00, recording the highest level of 161.85. On the technical side today, despite the technical factors that increase the possibility of continuing the rise, …
Read More »GBP Sterling retest support 18/5/2022
Oil, Crude, trading
Read More »GBP/JPY: Building on Support 17/5/2022
Positive trading dominated the movements of the pound sterling against its Japanese counterpart during the first trading of this week as part of an attempt to compensate for the losses that the pair witnessed last week, recording its highest level of 159.70. On the technical side, today, the pair’s current …
Read More »GBP trying to recover 17/5/2022
Oil, Crude, trading
Read More »GBP/JPY: ends the temporary rise 16/5/2022
The British pound activated the temporary bullish scenario during the analysis issued last Friday, touching the required target at 159.10, and recording the highest level at 159.24. On the technical side, the overbought started appearing on the stochastic 4-hour time frame. The intraday stability was below 158.80 and in general, …
Read More »GBP is losing the temporary bullish momentum 16/5/2022
Oil, Crude, trading
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