The Canadian dollar achieved noticeable gains with the opening of the current trading sessions within the expected positive outlook, surpassing the second official target required to be touched during the previous technical report, 1.2980, recording its highest level at 1.3037 during the early trading of the current session. Technically, we …
Read More »GBP making counterattacks on the Dollar 10/5/2022
Oil, Crude, trading
Read More »Gold touches goal 10/5/2022
Gold prices declined noticeably within the expected bearish path during the previous analysis, touching the official target at 1850, recording the lowest price of 1851. Technically, and by looking at the 240-chart, we find limited positive attempts witnessed by the intraday movements due to hitting the support barrier represented by …
Read More »Euro between directional movement and correction 10/5/2022
Attempts tended to the positive, witnessing the euro’s movements against the US dollar, building on the support level of the psychological barrier published in the previous analysis at 1.0500, to record a marginal rise to retest the 1.0590 level. On the technical side today, and with careful consideration on the …
Read More »German Dax trying to build on support 9/5/2022
Oil, Crude, trading
Read More »Dow Jones continues its bearish trading 9/5/2022
Oil, Crude, trading
Read More »GBP/JPY: increases the chances of a decline 9/5/2022
Negative trades dominated the pound’s movements against yen, approaching by a few points from the target published during the previous report at 160.10, to record the lowest at 160.30. Today’s technical aspect indicates the possibility of continuing the decline, relying on the clear negative signs on the stochastic indicator on …
Read More »CAD touches goals 9/5/2022
The Canadian dollar jumped within the expected ascending path, touching the official target in the report issued last Friday at 1.2900, recording its highest level of 1.2912. Technically, the pair continues to obtain positive stimulus from the simple moving averages that continue to hold the price from below, coinciding with …
Read More »GBP selling pressure continues 9-5-2022
Oil, Crude, trading
Read More »Gold is still below resistance 9/5/2022
Gold prices succeeded in touching the official target mentioned in the last analysis at 1866, recording its lowest level at 1866, after the pivotal resistance level of 1890 managed to limit the attempts to rise. On the technical side, today, we tend to the negativity in our trading, relying on …
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