Technical Outlook

وول ستريت تغلق على انخفاض مع هبوط أسهم نتفليكس

إتسمت تدولات الجمعة الماضية بهبوط الدولار الأمريكي مقابل أغلب الأدوات المالية حيث سجل الدولار الأمريكي انخفضا طفيفا بتعاملات اليوم الجمعة تزامنا مع وجود الكثير من التطورات التي أثرت على أدائه وعلى رأسها انخفاض عائدات السندات الأمريكية لليوم الثالث على التوالي. و تراجع الدولار الأمريكي بشكل واضح متضررا من ضعف عائد السندات الحكومية الأمريكية…
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WTI price continues to rise on growing supply concerns

WTI oil extends gains on Wednesday and hit new highest levels since October 2014, driven by supply concerns, boosted by fresh supply disruptions caused by a fire on a pipeline between Iraq and Turkey, which briefly stopped flows, adding to already tight supply outlook, along with existing tensions between Ukraine and the OPEC member Russia. Some…
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Sterling bounces on rising expectations for another rate hike as inflation hits the highest in 30 years

Cable regained traction and bounced on Wednesday, signaling an end of three-day pullback, sparked by a double rejection at 200DMA (1.3733) last week. Pound was boosted by UK CPI data which showed that inflation in Britain continued to rise and hit the highest level in nearly 30 years in December, offsetting policymakers’ general view of transitory…
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Bears tighten grip and eye targets at 114 and 113.63

The remains in red on Thursday and trading near new 2 ½ week low, hit after Wednesday’s post-US CPI drop (the biggest daily fall since Nov 26). Long tails of yesterday’s and today’s candle signal that bears face headwinds at 114.44 Fibo support (50% retracement of 112.53/116.35 / 30DMA) but the action remains weighed down by fresh negative…
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Bulls pressure key Fibo barrier ahead of US inflation data

The Euro trading at the upper side of the near-term range in European trading on Wednesday, after eventually penetrating into thick and falling daily Ichimoku cloud on Tuesday. The action is still holding below pivotal Fibo barrier at 1.3795 (38.2% of 1.1692/1.1186 bear-leg) which caps since the mid-November. Break here is needed to signal an end…
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