Tag Archives: European Stocks

GBP/JPY managed to touch the bullish target required to be achieved yesterday, at 157.00, recording the highest level at 157.10. On the technical side, the current moves are witnessing a bearish bias resulting from hitting the resistance level 157.00. which constitutes a negative pressure factor, and the RSI is losing …

Oil, Crude, trading

During yesterday’s trading session, the Pound Sterling presented positive trades, benefiting from a base at the 156.20 support level, recording its highest level near the pivotal resistance 157.00. On the technical side, the pair is trying to consolidate above 156.20, accompanied by the positive attempts of the stochastic indicator, in …

Oil, Crude, trading

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. MoM, PPI came in at 1.0% in January, well above expectations for a 0.5% MoM gain. Core PPI metrics were …

Major banks and financial institutions have issued an early warning of negative repercussions for the global stock market in the coming days if war breaks out between Russia and Ukraine. A short while ago, Russian Foreign Minister Sergei Lavrov told President Vladimir Putin that there are chances of reaching an …

The Canadian dollar is trying to maintain its recent gains during last week’s trading, after it sought to establish a solid support floor around 1.2665, to witness intraday movements stability above 1.2700. Technically, the return of the simple moving averages provides a positive motive and the clear positive crossover signs …

Oil, Crude, trading

GBP/JPY touched the bullish target required to be achieved during the previous trading session, at 157.40, bypassing the target station, to record its highest level around the psychological barrier of 158.00. On the technical side today, the pair failed to maintain its gains due to hitting the resistance level at …

Oil, Crude, trading