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Tag Archives: European Stocks

GBP/JPY: Below Support

Negative trading returned to dominate the movements of the pound sterling against its Japanese counterpart after several consecutive sessions of a slight incline, recording the highest price of 154.06. Technically, the pair failed to maintain trading above the previously broken support level located at 153.60/153.40, as we find the negative …

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Market Drivers – European Session 23-11-2021

The White House announced during a press statement today, Tuesday, that the US President decided to release the strategic oil reserves of the United States of America, estimated at about 50 million barrels, within 3 months, to contribute to calming crude oil prices, especially since oil prices are high and …

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