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Fed Chair Powell Testifies

Fed plan to raise bank capital requirements will be a focus As well as Inflation, interest rate policy also likely topics at hearing،The hearing is expected to include the progress made in fight against inflation and offer cues to interest…
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Oil Prices Creep Lower

Oil prices fell on Thursday after a larger-than-expected increase in U.S. crude inventories, raising concerns about slowing demand, while pressures mounted from signs that U.S. interest rates may remain high. The Energy Information…
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Daily Technical Report 28-2-2024

DOLLAR INDEX Prices are trading below the resistance levels in the range of 103.85. In this case, we may retest the support zone around 102.75. This scenario would be invalidated with a breakout above the resistance level of 104.40.…
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A look Upon Markets

Futures for stocks on Wall Street declined on Tuesday, as traders look to key economic data this week and a fresh batch of corporate earnings. Most futures for the Dow Jones, S&P 500, and Nasdaq 100 remained unchanged. Comments from…
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Daily Technical Report 27-2-2024

DOLLAR INDEX Prices are trading below the resistance levels at $103.85, and in this scenario, we may retest the support zone around $102.75. This scenario would be invalidated if there is a re-break above the previously mentioned…
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Daily Technical Report 26-2-2024

DOLLAR INDEX Prices are trading around the levels of 103.85, and in case of a close below that area, we may retest the support zone at 102.75. However, if the prices rebound, we might target the area of 105.70/106. Support…
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