Negative trading has regained control over the movements of GBP/JPY after it failed to maintain trading above the 155.90 support level, which forced the pair to trade with clear negativity during the early trading of the current session. On the technical side today, we notice the negative pressure coming from …
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Oil, Crude, trading
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Prices in the European jet fuel market rose sharply, with global air traffic resisting the influence of the omicron variable. According to Bloomberg, one of the most important measures of the fuel market, which is the difference between diesel, rose last Friday to its highest level since September 2019, long …
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Mixed trading dominated the movements of GBP/JPY, and trading is still limited between 155.90 and 156.90. On the technical side, the current moves are witnessing intraday stability above the 156.10 support level, accompanied by the attempts of the 50-day moving average to push the price to the upside. We may …
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Oil, Crude, trading
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European shares fell on Friday after comments pointing to tightening monetary policy from US central bank officials, which reinforced concerns about the repercussions, while German SAP reported strong quarterly profits in the cloud database sector. The pan-European STOXX 600 index fell 0.7 percent, following the path of declining global markets, …
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The Pound against the Japanese Yen succeeded in achieving the idea of retesting the support published during the previous analysis, surpassing the target to be achieved at 156.60, to record its lowest level around the psychological support level 156.00. Technically, the current movements are witnessing a bullish tendency due to …
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Oil, Crude, trading
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Positive trades dominated the pound’s movements against its Japanese counterpart. However, it hit a strong resistance level around 157.70, which forced it to trade with negativity that is still limited so far. On the technical side, today, and carefully looking at the 60-minute chart, we notice that the 50-day moving …
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Oil, Crude, trading
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