Oil, Crude, trading
Read More »Market Drivers – European Session 15-12-2021
Markets are in anticipation and calm ahead of the Fed meeting. European shares rose on Wednesday ahead of the US Federal Reserve’s monetary policy decision, which is likely to tilt the pandemic’s stimulus back at a faster pace to counter growing inflation risks. The pan-European Stoxx 600 index rose 0.5 …
Read More »Market Drivers – European Session 14-12-2021
The dollar rose in trading on Monday ahead of a series of central bank meetings this week including the US Federal Reserve, and investors are looking forward to how quickly to end bond buying and hints about when interest rate hikes will begin in 2022. The euro fell, as it …
Read More »GBP/JPY: Looking For Extra Momentum 14/12/2021
Positive movements dominated the movements of the British pound against its Japanese counterpart, within attempts to stabilize above the support level of 149.60. Technically, and carefully looking at the 60-minute chart, we find Stochastic is trying to get rid of the current negativity, in addition to the RSI’s attempts to …
Read More »The Pound Starts Trading Negatively 14/12/2021
Oil, Crude, trading
Read More »GBP/JPY: The Positivity is Still There 13/12/2021
During the previous analysis, GBP/JPY achieved the expected positive outlook, touching the first official target at 150.40, recording the highest at 150.50. Technically, and by looking at the 60-minute chart, we find the 50-day moving average, which provides a positive motive, accompanied by the positivity of the stochastic indicator. From …
Read More »Sterling Retests Support 13/12/2021
Oil, Crude, trading
Read More »GBP/JPY: May Witness a Temporary Rise
For the third consecutive session, the Pound against the Yen succeeded in maintaining the trading level above the support floor published during the previous analysis, at 149.50, which forced it to provide some bullish bounce. On the technical side today, the current movements are witnessing an upward bias due to …
Read More »Sterling Retests The Resistance
Oil, Crude, trading
Read More »Market Drivers – European Session 09-12-2021
Based on a Reuters poll, experts said that the US Federal Reserve will raise interest rates in the third quarter of the next year 2022, earlier than expected (in the fourth quarter) a month ago. Experts believe that the reason for this early change of the US Federal Reserve is …
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