The pivotal support levels published during the previous analysis at 1797, representing the key to protecting the bullish trend, managed to push the price to the upside, recording its highest level of 1816. Technically, by looking at the 240-minute chart, we notice that the 50-day moving average is holding the …
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The single European currency traded within the same expected price range during the previous analysis, maintaining negative stability below the 1.1330 resistance level, unable to penetrate it so far. The technical aspect today indicates the possibility of continuing the decline. With a careful look at the 4-hour chart, we find …
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The German DAX index started today’s trading session with a noticeable positivity, recording its highest level during today’s morning trading around 16,056. Technically, the daily trend tends to the upside as a result of the DAX getting a positive stimulus from the 50-day moving average, in addition to the positive …
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Oil, Crude, trading
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The British pound against its Japanese counterpart made noticeable gains and started today’s trading session by attacking the psychological barrier resistance level 156.00. Technically, today, we find the 50-day EMA returned to carry the price below, which comes in conjunction with the positive signals coming from the RSI on the …
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The Canadian dollar benefited from building a base on the strong support level located at 1.2630, which forced the pair to trade positively during the last trading session, to retest the previously broken support level of 1.2770. From the angle of technical analysis today, and with careful consideration on the …
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Oil, Crude, trading
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Oil, Crude, trading
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The yellow metal prices declined noticeably yesterday, after it recorded the highest level of $ 1831 per ounce, to find a strong resistance level around the mentioned level, which forced it to retest the pivotal support level at 1797. On the technical side today, and by looking at the 240-minute …
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The single European flag faced selling during the last trading session due to hitting the strong supply level at 1.1380, which forced it to trade negatively to retest the psychological support level of 1.1300. Today’s technical aspect indicates the possibility of continuing the decline. With a closer look at the …
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