Gold prices incurred huge losses during the last trading session within the negative outlook as we expected. Therefore, we relied on confirming the breach of 1784, heading towards touching the official target station 1768, on recording its lowest level at 1745. Technically, trading stabilizing below the previously broken support-into-resistance level …
Read More »
Negative trading dominated the single European currency during the previous trading session, within the expected bearish path, touching the first target at 1.1750, recording the lowest price of 1.1750. Technically, and with careful consideration of the 4-hour chart, we find the simple moving averages continuing their negative pressure on the …
Read More »
The German DAX index touched our bearish targets at 15,645, heading towards the second target of 15,610. Technically, the current moves are witnessing a slight bullish slope. We see that the index is trading above the 15,620 support level, accompanied by stochastic attempts to eliminate the present negativity. Therefore, the …
Read More »
Oil, Crude, trading
Read More »
The negative pressure continues to dominate the movements of GBP/JPY within the expected bearish context, gradually approaching the first required target of 150.70 On the technical side, the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred …
Read More »
The current moves of the Canadian dollar are witnessing a bearish tendency after it found a strong resistance level near 1.2700, failed to settle above it for a long time within a bearish slope that aimed to retest the pivotal support 1.2600. Technically, we find that it started moving below …
Read More »
Oil, Crude, trading
Read More »
Oil, Crude, trading
Read More »
Gold prices witnessed negative trades during the last trading session to close below the critical resistance of 1799. On the technical side today, we notice here a contradiction in the technical signals between the negative pressure of the 50-day moving average, which presses the price and meets around 1799/1800, and …
Read More »
Limited sideways trading dominates the euro’s movements for the second session in a row, and it hits the strong resistance level of 1.1850, unable to breach it so far, which forced it to the downside, to put negative pressure on the 1.1800 support level. With a closer look at the …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
