. The technical outlook is unchanged, and for several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977. From the point of view of technical analysis, gold prices witnessed positive attempts, …
Read More »Dow Jones is making significant gains 12/6/2023
Oil, Crude, trading
Read More »CAD: Negativity remains 12/6/2023
Positive movements dominated the trading of the British pound against the US dollar within the expected bullish context by last week’s trading, touching the first target 1.2595, recording its highest level at 1.2593. On the technical side today, and by looking at the 4-hour chart, we find that the simple …
Read More »GBP consolidates against the dollar 12/6/2023
Oil, Crude, trading
Read More »Oil continues to bleed losses 12/6/2023
US crude oil futures prices continue to incur losses within the bearish technical outlook, as we expected, touching the first target at 70.00, and approaching by a few points from the official station at 69.00, recording its lowest level during the early trading of the current session, at $69.33 per …
Read More »Gold is still in a sideways, await pending orders 12/6/2023
The technical outlook is unchanged and for several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977. From the point of view of technical analysis, gold prices witnessed positive attempts, but …
Read More »Euro is trying to stabilize above the support 12/6/2023
. After several successive sessions of the sideways trend dominating the movements of the euro-dollar pair, it managed, at the end of last week’s trading, to achieve a first breach of the resistance level of 1.0740, recording its highest level at 1.0785, to return within a bearish slope once again. …
Read More »Dow Jones touches the targets 9/6/2023
Oil, Crude, trading
Read More »CAD: Negative pressure is in place 9/6/2023
The Canadian dollar declined significantly yesterday, within the expected bearish path during the previous technical report, as the support level of 1.3350 succeeded in limiting the bearish bias. Technically, the pair breached the support level of 1.3420 and turned into a resistance level. The simple moving averages continue to pressure …
Read More »GBP gains against USD 9/6/2023
Oil, Crude, trading
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