Positive trades dominated the pound’s movements against the yen within a gradually ascending path to the upside, building on support level 149.90. On the technical side, we are inclined to the positivity, relying on stability above the mentioned support level and the clear positive crossover signs on the stochastic indicator. …
Read More »Canadian Continues to Advance
The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the expected bullish path after building a good support floor around 1.2760 and, most importantly, 1.2730. Technically, the bullish trend is still valid, depending on the stability of daily trading above the strong support level at …
Read More »GBP is Facing Negative Pressure
Oil, Crude, trading
Read More »Oil Extends Losses Ahead of Data
Oil, Crude, trading
Read More »Gold Touches The Extended Bearish Target
Prices of the yellow metal declined significantly during the previous trading session, touching the second official target required to be achieved in the last technical report, at 1761, recording its lowest level at 1761.00. On the technical side today, and by looking at the 4-hour chart, we notice that gold …
Read More »Euro Maintains Bearish Trend
The technical outlook is unchanged, maintaining the negative stability against the dollar, witnessing intraday movements stable below 1.1330. On the technical side, the daily moves of the euro against the US dollar are stable below the resistance level of 1.1380. We notice the negative signs that started appearing on the …
Read More »GBP/JPY: Trying to Rise
Positive attempts for GBP/JPY within the bullish corrective path published in the previous analysis, within a gradual ascent towards the target 151.80, only to record the highest 151.45. Technically, and carefully considering the short time frames, we find the 50-day moving average trying to push the price to the upside, …
Read More »Canadian Continues to Advance
The Canadian dollar was able to touch the support level as we expected during the previous analysis, around the 1.2710 support level, to return to the bullish rebound stable intraday above the psychological barrier of 1.2800. From the technical analysis point of view today, the bullish trend is still valid …
Read More »The Pound is Trying to Consolidate
Oil, Crude, trading
Read More »Oil Resumes Its Decline
Oil, Crude, trading
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