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Author
Mostafa Mahmoud
Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.
Gold tests key resistance ahead of crucial U.S. data release
Gold prices held steady above $3,350 per ounce during Asian trading today, amid market anticipation ahead of key U.S. economic data and expected comments from several Federal Reserve officials. This movement comes as renewed pressure mounts…
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Dow Jones Index posts gains for the fourth consecutive session
Daily Technical Report To : DOWJONES
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Deutsche Bank raises S&P 500 year-end target as Wall Street upgrades continue
Deutsche Bank has raised its year-end forecast for the S\&P 500 index from 6,150 to 6,550 points, citing the diminishing impact of tariffs on corporate earnings and the resilience of the U.S. economy. This comes amid a wave of upward…
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Bitcoin is back on an upward trajectory
Daily Technical Report To : Bitcoin
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Goldman sees OPEC+ increasing output in August
Goldman Sachs stated in a note released on Sunday that the OPEC+ alliance, comprising eight countries, is expected to increase oil production by 0.41 million barrels per day in August.
The bank noted that the fundamental factors in the oil…
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Gold shines again amid escalating tensions between the US and China
Daily Technical Report To : GOLD
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Euro Slips Ahead of ECB Rate Decision
Amid a slowdown in economic activity in the Eurozone, recent data released by the European Central Bank (ECB) showed that consumer inflation expectations rose to 3.1% in April, up from 2.9% in March. This indicator is one of the key metrics…
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Oil Slips Ahead of OPEC+ Output Decision
West Texas Intermediate (WTI) crude prices fell to around \$61.10 per barrel during early European trading on Tuesday, marking the second consecutive session of losses amid growing pressure from expectations of increased market supply. This…
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The Japanese Yen rises, supported by expectations of an interest rate hike
Daily Technical Report To : USDJPY
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