The EURUSD pair rebounded to the upside in an attempt to correct the bearish path and reached the resistance level 1.0475, to return to the bearish movement, affected by the negativity of the stochastic indicator, which forms a bearish crossover in the overbought area. Trading remains below the resistance level …
The dollar against the Japanese yen pair continues its bearish movement after forming a double top pattern that pushed the price lower and breaching the 50 average level, which was a support level for the price. It is currently approaching the next support 134.35.
Therefore, the bearish scenario will continue, …
News of the day, Thursday, June 30
Oil prices decreased today amid global supply worries. Brent crude futures were down 0.4%, and WTI crude futures fell 0.5%.
Stocks slid today because of massive inflation concerns. The Euro STOXX dropped 1.53%, the DAX slid 2.34%, the CAC 40 fell 2.1%, and …
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