Tag Archives: Forex

Negative trading dominated the moves of the Dow Jones Industrial Average within the expected bearish path in the previous analysis, touching the required target at 26360, posting a low at 25950. Technically, we expect a bearish bias today, with trading consolidating below 26650, in addition to the RSI stabilizing below …

FX option expiries for Oct 29 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.1700 785m1.1720 718m1.1750 869m1.1770 545m USD/JPY: USD amounts 103.60 1.0bn104.00 1.8bn104.50 385m104.75 523m105.16 424m105.25 1.3bn USD/CAD: USD amounts 1.3325 530m EUR/GBP: EUR amounts 0.9000 484m0.9050 920m0.9110 697m

The Dow Jones Industrial Average witnessed strong losses within the bearish trend that we expected, touching the third target published in the previous analysis at 26850, posting a low at 26388. Technically, we tend to be negative, given the negative pressure coming from the simple moving averages, in addition consolidating …

The dollar rose against the euro due to the possibility of imposing general isolation measures that include in France, while the Japanese yen rose to its highest level in more than a month as traders adjusted their positions in preparation for the US presidential elections next week. The dollar fell …

The Dow Jones Industrial Average declined significantly, and we indicated in the previous analysis that trading below 27500 will negate any intraday attempts to rise and push the index towards the downside towards 27265, posting a low at 27175. Technically, we see a consolidation below the support-into-resistance at 27460 with …

The dollar held on to its gains Tuesday, but the rest of the safe-haven currencies witnessed quiet transactions as investors were reluctant to form positions before the US presidential elections scheduled for next week, even as concerns grow about the second wave of Covid-19 and its economic effects. On Monday, …

The Dow Jones Industrial Average declined significantly yesterday after facing a strong resistance level near 28050. Technically, the current moves in the index are trying to replicate the chances of a rally in short time intervals. We see RSI above the midline, in addition to the intraday trading above 27610 …

The dollar rose on Monday, as Traders proceeded to be cautious due to the increasing cases of Coronavirus in Europe and the United States, as well as the lack of progress in the US economic stimulus package. US House of Representatives Speaker Nancy Pelosi said on Sunday that she expected …

The dollar stabilized against most currencies on Friday after a balanced presidential debate in the United States but is heading towards a weekly loss as investors await stimulus talks in Washington and post-Brexit trade negotiations. US President Donald Trump adopted a more conservative tone compared to what he was in …

Negative trading dominated the Dow Jones Industrial Average in the New York Stock Exchange within the expected bearish path, touching the second target to be achieved in previous analysis at 27795, posting low at 27916. On the technical side, the current movements of the index are witnessing attempts to rise …