The resistance levels at 1.1610 constituted an obstacle for the pair to retest it successfully as we expected, and the current movements are still below it. Technically, by looking at the chart, we notice that the price stabilizes intraday below the 50-day moving average. This comes in conjunction with the …
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The German DAX index managed to achieve good gains during the first trading sessions of this week, recording its highest level around the strong resistance level 16060. On the technical side, we are inclined in our trading to the negative, relying on the stability of the intraday trading below the …
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Oil, Crude, trading
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Negative movements dominate the pound’s movements against its Japanese counterpart within the expected bearish path towards our targets. On the technical side, we are inclined in our trading to the negativity, relying on the continuation of the negative pressure coming from the 50-day moving average, which continues the negative pressure …
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The technical outlook is unchanged, and the movements of the Canadian dollar did not change significantly, trying to maintain the bullish corrective path, stable intraday above 1.2400, and in general above 1.2370, the 61.80% Fibonacci correction as shown on the chart. Technically, the stochastic is trading with negativity, and the …
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Oil, Crude, trading
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Oil, Crude, trading
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The technical outlook is unchanged, and there was little change in the yellow metal after it succeeded in stabilizing above the psychological barrier of 1800 within an ascending path, approaching a few points from the target published in the previous analysis at the price of 1830, recording its highest level …
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The single European currency started its first weekly trading within a slight bullish slope within attempts to recover. However, it is still limited, building on the 1.1520 support floor, trying to retest 1.1610/1.1600. Technically, by looking at the chart, we notice the price’s attempts to move above the 50-day moving …
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A noticeable rise for the German DAX index, touching the first target at 16,020, to record its highest level at 16,053. On the technical side, the daily trend is still bullish due to the stability of the intraday trading above the support level 15,790/15,780 and the positive signals from the …
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