Tag Archives: yen

Mixed trading continues to dominate the pound’s movements against its Japanese counterpart, with the opening of this week’s trading failing to stabilize for a long time above the 161.00 level. On the technical side, we are inclined in our trading to the negative, relying on the clear negative signs on …

Divergent movements dominated the trading of the British pound against its Japanese counterpart, to fail to achieve the scenario of retesting the resistance published during the previous analysis, and as we explained during the last analysis that the decline below 158.50 will immediately stop the expected bullish trend and put …

Investors looking for clues on whether bitcoin’s recovery is long-lasting may need to read between the lines to look at what traditional markets are saying. On Wednesday, Goldman Sachs CEO David Solomon told CNBC that investors should prepare to face a contraction in economic activity in the world’s largest economy …

The British pound declined noticeably yesterday, within the scenario of retesting the support, as we expected, touching the official target station at 159.20, recording its lowest level at 157.90. Technically, and with careful consideration of the 4-hour chart, the pair found a strong support floor around 158.50, which forced it …

The US dollar Index was unable to attract speculative interest, now hovering around $1,816 a troy ounce. Crude oil prices edged lower, with WTI now changing hands at $106.90 a barrel. The yield on the US 10-year Treasury note stands below 2.90%, as investors rushed into bonds’ safety.The EUR/USD pair …

Positive trading dominated the movements of the pound sterling against its Japanese counterpart, as we expected, touching the official price target during the previous analysis at 161.00, recording the highest level of 161.85. On the technical side today, despite the technical factors that increase the possibility of continuing the rise, …

The US dollar edged lower across the board as the American currency extended the bearish corrective decline that began on Monday. Positive US data has helped the case for a better market sentiment, with global indexes closing in the green.The underlying concerns remain the same. Tensions between Europe and Russia …

Positive trading dominated the movements of the pound sterling against its Japanese counterpart during the first trading of this week as part of an attempt to compensate for the losses that the pair witnessed last week, recording its highest level of 159.70. On the technical side, today, the pair’s current …

The British pound activated the temporary bullish scenario during the analysis issued last Friday, touching the required target at 159.10, and recording the highest level at 159.24. On the technical side, the overbought started appearing on the stochastic 4-hour time frame. The intraday stability was below 158.80 and in general, …

The US inflation data dominated the markets in the week ending May 13th. The safe-haven assets ended the trading in a bearish direction led by gold as a result of the rise in the US dollar. Wall Street ended trading higher on Friday, ending a week of wild market volatility, …