Oil, Crude, trading
Read More »GBP/JPY: Making Significant Gains
The British pound jumped against the Japanese yen, achieving notable gains, as we expected, touching the required target at 154.00, to record its highest level at 154.32. Today, we tend to the positivity, relying on the pair’s success in building a base at the support level of 153.50, which is …
Read More »The Canadian Dollar Touches The First Target
The Canadian dollar managed to work within the bullish technical correction referred to during this week’s reports, touching the first target of the last report at 1.2570, recording the highest level at 1.2586. Technically, the pair is now hovering around a strong resistance level of 1.2590 represented by the 38.20% …
Read More »Sterling is Stable Below Resistance
Oil, Crude, trading
Read More »Oil is Losing Bullish Momentum
Oil, Crude, trading
Read More »Gold Hits The Resistance
Gold prices managed to touch the extended target, as we mentioned yesterday. We relied on confirming the breach of the main resistance level 1867, explaining that it enhances the gains to visit 1877, recording its highest level at 1877. Technically, Strong supply areas at the resistance represented by the target …
Read More »The Euro is Witnessing Heavy Losses
The losses of the European single currency extended against the US dollar, as we expected, bypassing the second official leg of the current downside wave represented by our target 1.1300, recording its lowest level at 1.1263 during today’s Asian session. Technically, and by looking at the chart, we notice the …
Read More »German Dax Repeat Rising Chances
The German DAX index returned some noticeable gains, canceling the expected bearish scenario during the previous report, recording its highest level at 16,144. Technically, today we tend to be cautiously optimistic, relying on the price moving above the 50-day moving average, coinciding with the attempts of stochastic to obtain more …
Read More »Dow Jones is Making Good Gains
Oil, Crude, trading
Read More »GBP/JPY: Touches The First Target
The British pound managed to touch the retest target published during the previous analysis, at 153.50, recording its highest level during the early trading of the current session, 153.48. Technically, the pair’s success in building a support floor of 152.80 and the price stability above the 50-day moving average increases …
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