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Oil, Crude, trading
Read More »Crude Oil Facing Selling Pressure
Gold Settles Above Support And Positivity Remains
Gold prices managed to stabilize above the support level of 1750, which pushed the price towards a high of 1758. Technically, we tend in our trading to the positive, but cautiously, relying on stability above the mentioned level and the positive motive of the 50-day moving average, which is accompanied …
Read More »The Euro is Falling Back Against The US Dollar.
A gradual decline to the downside for the EUR/USD pair, within the expected bearish path mentioned in the previous analysis, approaching the official station of 1.1700, recording its lowest level at 1.1723. technically, and carefully looking at the 240-minute chart, we notice that the simple moving averages continue their negative …
Read More »Dow Jones Looking For Confirmation
Oil, Crude, trading
Read More »GBP/JPY: Faces Strong Resistance
Negative trading dominates the movements of the pound against the Japanese yen, and the pair still finds it difficult to surpass the rise to the resistance level of 153.00/153.10. On the technical side today, and with a closer look on the chart, we find Stochastic is giving negative signals. From …
Read More »Canadian Dollar: Maintains Bullish Trend
The technical outlook is unchanged and the pair’s movements did not change much, maintaining stability above the 1.2500 support level. Technically, we tend to be positive, relying on stability above the psychological support floor of 1.2500, accompanied by the RSI’s attempts to obtain bullish momentum, coinciding with the positive motive …
Read More »The British Pound Resumes Its Decline Against The Dollar
Oil, Crude, trading
Read More »Crude Oil Continues to Decline Towards Our Goals
Oil, Crude, trading
Read More »Gold is Facing Selling Pressure And Caution Required
Gold prices experienced a strong decline during the previous trading session, exceeding the official station that is required to be touched, located at the price of 1722, to record its lowest level of 1677. Technically, gold prices tried to compensate for the losses within a temporary bullish path, and with …
Read More »The Euro: May Face Negative Pressure
Negative moves still dominate the EUR/USD pair for the second consecutive session, within the expected bearish track during the previous analysis, recording its lowest level at 1.1735. Technically speaking, we maintain our negative expectations, relying on the negativity of the stochastic indicator, with the continuation of the negative pressure of …
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