Oil, Crude, trading
Read More »European stocks recoup some of their losses
European shares rebounded from two-month lows on Tuesday with broad-based gains backed by bargain-hunting after heavy selling on fears of slowing economic growth. By 0717 GMT, the pan-European Stoxx 600 index rose 0.9 percent, after closing on Monday at its lowest level since early March. Stock prices were hit globally …
Read More »GBP/JPY: May see an upward trend 10/5/2022
The British pound against its Japanese counterpart touched the first bearish target published during the last analysis, at 160.30, recording its lowest price of 160.10. On the technical side today, by looking at the 60-minutes chart, we notice positive crossover signs that started appearing on the stochastic indicator and the …
Read More »GBP making counterattacks on the Dollar 10/5/2022
Oil, Crude, trading
Read More »Mining and technology sectors keep European stocks under pressure
European shares eased slightly in early trading on Monday, dragged down by a slump in the mining sector as investors worried about a sharp economic slowdown in China due to anti-Covid-19 restrictions while rising US bond yields kept technology stocks under pressure. The pan-European STOXX 600 index was down 0.1 …
Read More »GBP/JPY: increases the chances of a decline 9/5/2022
Negative trades dominated the pound’s movements against yen, approaching by a few points from the target published during the previous report at 160.10, to record the lowest at 160.30. Today’s technical aspect indicates the possibility of continuing the decline, relying on the clear negative signs on the stochastic indicator on …
Read More »GBP selling pressure continues 9-5-2022
Oil, Crude, trading
Read More »European stocks are heading for the biggest weekly losses in two months
European shares fell on Friday, heading for their worst week in two months, after a sharp fall in Wall Street as investors feared a bigger interest rate hike would be needed to curb high inflation. The pan-European STOXX 600 index was down 0.6 percent by 0709 GMT, with the travel, …
Read More »GBP/JPY: achieves the bearish target 6/5/2022
The pound against the Japanese yen noticeably declined within the bearish corrective context published during the previous analysis, touching the official target for the last analysis at 161.20, recording its lowest level at 160.47. Technically, today, we tend to the negativity, relying on the stability of trading below 162.30 and …
Read More »GBP incurred strong losses 6-5-2022
Oil, Crude, trading
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