Ahmad Elbasioni 200 posts 0 comments

A GfK survey released on Tuesday indicated that German consumer sentiment is expected to weaken further heading into November, pressured by a sharp decline in income expectations. The GfK consumer sentiment index dropped to -24.1 for…
Read More...

AUDUSD opened with an upside gap and climbed nearly 1% in early Monday trading, reaching its highest level in two weeks. Renewed risk appetite at the start of the week, driven by growing optimism over a potential US-China trade…
Read More...

US inflation rose 0.3% in September, slightly below the 0.4% forecast, following a 0.4% increase in August. On an annual basis, the Consumer Price Index (CPI) climbed 3.0%, compared with market expectations of a 3.1% rise and a 2.9% gain in…
Read More...

USDJPY extends its advance for the sixth consecutive session on Friday, with the fresh bullish leg that started from last week’s correction low at 149.37 breaking through the key psychological barrier at 153.00. The pair maintains a firm…
Read More...

WTI oil opened with an upside gap and advanced nearly 3% during Asian and early European trading on Thursday, driven by President Trump’s decision to impose sanctions on two major Russian oil suppliers. The move coincides with a new EU…
Read More...

The Euro softened in early Thursday trading, signaling that near-term bears from the 1.1728 lower top (Oct 17) are regaining control after Wednesday’s brief and limited recovery attempt. The pair remains firmly below the relatively thick…
Read More...

Gold remains in volatile mode, with sharp price swings continuing since late last night’s update, keeping both bullish and bearish scenarios in play. A brief wave of optimism followed Tuesday’s close above $4100, but subsequent gains…
Read More...

The pound remained under pressure for the third consecutive session, with fresh weakness on Tuesday reinforcing developing negative signals on the daily chart. Friday’s failed break above the daily cloud left a Doji candle with a…
Read More...

The Euro stayed under pressure on Monday, though losses remained limited, following Friday’s sharp upside rejection that left a bearish daily candle with a long upper shadow and created a bull-trap at the top of the daily cloud, signaling…
Read More...

BTCUSD extended its recovery for the second consecutive session, breaking above the 111K barrier after another strong downside rejection, when Friday’s brief dip below the ascending 200DMA and test of the 103500 zone failed to find…
Read More...