Tag Archives: European Stocks

Positive moves returned to dominate the movements of the GBP/JPY building on a support level of 154.50, which helped the pair rebound upwards, and it is now hovering around its highest level during the early trading of the current session 155.20. On the technical side today, and with careful consideration …

Oil, Crude, trading

There were no strong market drivers during the European session. Gold prices rose on Tuesday above the key $1800 level, with increased investment demand, further supported by a weak dollar and falling Treasury yields. By 1323 GMT, the price of gold in spot transactions rose 0.5% to $1,805.43 an ounce. …

Positive trades dominated the GBP/JPY, but positive trades are still limited due to the pair’s failure to breach the psychological resistance level of 155.00. Technically, with the movement below 155.00 accompanied by the negativity of the stochastic indicator, as shown on the 4-hour chart, this makes the bearish scenario the …

Oil, Crude, trading

There were no strong market drivers during the European session. The Eurozone economy expanded by 0.3% on quarter in the three months to December of 2021, meeting 0.3% expected and 2.3% prior, the preliminary estimate showed on Monday. Germany’s Harmonized Index of Consumer Prices (HICP), which is the ECB’s preferred …

During the previous report, GBP/JPY achieved the first required target, at 155.00, recording the highest level at 155.02. On the technical side, the pair’s intraday movements are witnessing stability above the support level of 154.50, accompanied by positive signs that started appearing on stochastic, in addition to moving above the …

Oil, Crude, trading

Mixed trading dominated the pound’s movements against the Japanese yen within a not-good technical context, trying to build above the support level of 154.00. On the technical side today, the pair’s intraday movements are witnessing a slight bullish tendency due to stabilizing above the psychological support level of 154.00, as …

Oil, Crude, trading