RowaynaAhmed

RowaynaAhmed

The Census Bureau has published data affecting the US dollar index. These data were about the monthly essential durable goods orders and the monthly durable goods orders. The data for these two indicators were contradictory; as the percentage of the monthly essential durable goods orders was less than the expected percentage by 0.3%, while the percentage of the...

RowaynaAhmed

The German DAX stock faced a drop by 50 points; due to a fall in the German IFO Business Climate Index data, which appeared to be less than the expected data by 0.2 pt. In addition, there is tension and increased market fears due to the crisis of the Chinese Evergrande Real Estate Group. Therefore, if the stock is affected by these unstable conditions, it is...

RowaynaAhmed

The cable pair faced a slight increase until it touched the resistance line 1.38, then it rebounded until it met the support line 1.378 due to The British National Statistics Office's report about the monthly retail sales. This month the retail sales' percentage is less than the expected percentage by 1.4%, therefore if two Japanese confirmatory candles follow the...

RowaynaAhmed

According to The Australian Bureau of Statistics' data, there are two scenarios for the stock of ASX Limited's trend. The first scenario is more recommended than the second one, which depends on the negative news about the change in the employment rate, and it is more likely to make the stock fall to break the first support line 84.22 and reach the second support...

RowaynaAhmed

Gold has fallen by 68 points between the resistance line 1803.718 and the support line 1796.59; due to the positive data issued by the Federal Reserve in New York about the New York state manufacturing index, which came higher than the expected result by 16.2 million points, and reinforced the rise in the US dollar's value. Therefore, gold has fallen to break the...

RowaynaAhmed

The cable faced a rise of 37.8 points between the support line 1.37967 and the resistance line 1.38357, and this is due to the positive news from the British Office for National Statistics about consumer prices that have increased than the expected percentage by 0.3% therefore, the British pound sterling has risen against the decline of the US dollar until it...

RowaynaAhmed

The German stock index (DAX) faced a rise of 114 points as a result of adding ten new companies to the stock starting from the support line 15672.627, therefore, it’s expected to rise till it reaches the first resistance line 15869.3, then the second resistance line 15898.907, then the third resistance line 15962.35, on the other hand, if the stock responds to the...