Sideways trading without a clear direction dominated gold prices during the previous trading session to retest the 1850 resistance, unable to consolidate above it. Technically, and by looking at the 4-hour chart, we find gold stable below 1850, the previously broken support and now converted into a resistance level accompanied …
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The single European currency declined during the previous session’s trading within the expected bearish path during the last analysis, in which we relied on breaking 1.0670, heading towards touching the first required target at 1.0625, recording its lowest level at 1.0627. Technically, and by looking at the 4-hour chart, we …
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Oil, Crude, trading
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The British pound continues its positive movements against its Japanese counterpart within the expected bullish path, touching the target, around 162.85, recording the highest of 162.80. On the technical side, today, we tend to resume the bullish bias, relying on the positive motive coming from the 50-day simple moving average, …
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The movements of the Canadian dollar witnessed a bearish tendency during the last trading session, heading to touch the first target that is required to be touched at 1.2635, to record its lowest level at 1.2630. Technically, we notice that the pair has benefited from the support level represented by …
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Oil, Crude, trading
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The yellow metal prices declined during the previous trading session to reflect the bullish trend in the last report. Therefore, we relied on the stability of trading above the pivotal support floor 1840, recording its lowest level during the morning trading session of today’s session 1833. Technically, and by looking …
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Amid quiet trading, the single European currency maintained its positive stability within the expected bullish path during the previous analysis, with a gradual rise towards the required target of 1.0800, recording the highest during the last session’s trading of 1.0787. Technically, today, the current movements of the pair are witnessing …
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Oil, Crude, trading
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Oil, Crude, trading
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