The German DAX index started its daily trading with a strong bearish tendency, achieving losses below the 14500 barrier, recording a low at 14,380. Technically, the price built below the previously broken support-into-resistance 14,500, in addition to the negative pressure of the simple moving averages that support the daily bearish …
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Oil, Crude, trading
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Negative trading returned to control the pound’s movements against the Japanese yen due to stability once again below the pivotal resistance level located at the price of 157.10/157.00, and the pair is witnessing stability near its lowest level around 155.75. On the technical side, today, we are inclined to negativity …
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The Canadian dollar managed to consolidate, maintaining positive stability above the previously breached resistance level 1.2730, touching the first target at 1.2770, recording its highest level during the early trading at 1.2770. Technically, with the pair’s success in establishing a solid support floor in general above 1.2665, in addition to …
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Oil, Crude, trading
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Oil, Crude, trading
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Gold prices jumped during the early morning trading after it succeeded in breaching the resistance level of 1905, explaining last Friday that the breach of the mentioned level can extend gold’s gains to visit 1916, recording its highest level at 1914. Technically, the price’s success in building an intraday basis …
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The euro’s attempts to stabilize above the key supply area published throughout last week’s reports at 1.1380, which represents the key to the bearish trend, pushed the pair towards the target 1.1300, recording its lowest level during the morning trading at 1.1295. Technically, by looking at the 4-hour chart, we …
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In the previous session, the German DAX index declined significantly after failing to maintain trading above the support level published during the last analysis at 15,300. The decline below the mentioned level puts the price under strong negative pressure targeting 15,150, recording its lowest price of 15,123. On the technical …
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Oil, Crude, trading
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