JPYGBP incurred heavy losses during the last session, surpassing the target that needs to be touched at 159.10, and recording its lowest level at 155.60. On the technical side today, the pair’s current movements are witnessing a limited bullish tendency due to the intraday pivot above 156.60, accompanied by the …
Read More »CAD May see a limited slope 13/5/2022
The Canadian dollar jumped, continuing to the upside within the expected bullish context, surpassing the first target that is required to be touched during the previous analysis at 1.3060, recording the highest at 1.3076. Technically, and with careful consideration of the 4-hour chart, we find the resistance level of 1.3060 …
Read More »GBP is falling sharply against the US dollar 13/5/2022
Oil, Crude, trading
Read More »Gold deepens its losses 13/5/2022
Gold prices declined significantly at the end of the previous trading session, within the expected bearish path, touching the official target at 1810, recording its lowest level at 1810. Technically, and carefully considering the 4-hour chart, we notice that the price settled intraday below 1835, and most importantly below 1852, …
Read More »The euro breaks the support 13/5/2022
During the previous trading session, the euro incurred strong losses against the US dollar to complete the bearish directional movement that the pair confirmed by breaking the mentioned low during all reports this week at 1.0500, heading towards the official target station at 1.0400, recording its lowest level at 1.0353. …
Read More »Dax is waiting for pending orders 11/5/2022
Oil, Crude, trading
Read More »Dow Jones is preparing for a further decline 11/5/2022
Oil, Crude, trading
Read More »GBP/JPY: maintains negative stability 11/5/2022
The British pound fell against its Japanese counterpart during the previous trading session within the descending official track after finding a resistance level around 161.50, which forced the pair to resume the bearish trend again. On the technical side, today, we are inclined to the negativity, relying on the price …
Read More »CAD continues to rise 11/5/2022
The Canadian dollar continues the expected bullish path, approaching a few points from the first target published in the previous analysis at 1.3060, recording the highest price of 1.3052 after building the 1.2960 support level. Technically, we tend to the positivity, relying on the pair’s continuation of obtaining positive momentum …
Read More »GBP needs to confirm breaking the support 11/5/2022
Oil, Crude, trading
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