Oil, Crude, trading
Read More »Market Drivers – European Session 19-1-2022
Data released today by Statistics Canada showed that the inflation index grew as expected for the third consecutive month in December, as the consumer price index fell by 0.1% in December, in line with market expectations, but less than the previous reading, which recorded an increase of 0.2 % last …
Read More »European Stocks Fall at The Beginning of Trading, With Global Stock Market Losses
European shares fell at the beginning of Wednesday’s trading, led by shares of food and beverage companies and with global stock markets losses. Economic data in the UK revealed that inflation rose to a 30-year high in December at 5.4%, exceeding analysts’ expectations of 5.2%. “We’re hearing a lot of …
Read More »GBP/JPY: Breaks Support 19/1/2022
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 …
Read More »The British Pound is Below The Moving Average 19/1/2022
Oil, Crude, trading
Read More »Jet Fuel Prices Rise in Europe
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 …
Read More »GBP/JPY: Tends to Positive 18/1/2022
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 …
Read More »The Pound Slips Below Support 18/1/2022
Oil, Crude, trading
Read More »European Shares Fall on Rising Inflation Fears
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, …
Read More »GBP/JPY: Facing Negative Pressure 14/1/2022
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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