Oil, Crude, trading
Read More »CAD maintains positive stability 19/8/2022
Positive trading dominated the movements of the Canadian dollar after maintaining positive stability above the strong support floor at 1.2870, touching the required profit-taking order at the target of 1.2960, recording the highest level at 1.2967. Technically, we tend in our trading to the positive, relying on the stability of …
Read More »GBP: surrender against Usd 19/8/2022
Oil, Crude, trading
Read More »Oil: Making noticeable gains, Looking for momentum 19/8/2022
US crude oil futures prices jumped to achieve noticeable gains within the previously expected track during the previous report, exceeding the required official target 90.00, recording its highest level during the morning session of 91.00. Technically, by looking at the 4-hour chart, we find the simple moving averages returned to …
Read More »Gold continues to achieve our bearish goals 19/8/2022
Gold prices continue to lose within the expected bearish trend during the previous analysis. As a result, the price touched the required bearish targets at 1758 and 1753, recording its lowest level at 1753 during the Asian session of today’s trading session. On the technical side, and with careful consideration …
Read More »Euro continues losses 19/8/2022
A bearish trend dominated the movements of the Euro against the US dollar, as we expected during the technical outlook yesterday, touching the official target station at 1.0100, to record the lowest level at 1.0070 during the early trading of today’s session. Technically, the Euro failed to maintain trading above …
Read More »Dow Jones could see a downward slope 18/8/2022
Oil, Crude, trading
Read More »GBP/JPY: tends to fall 18/8/2022
The British pound achieved the first bullish target required to be touched during the previous analysis at 163.45, recording its highest level at 163.57. Technically, the current moves are witnessing intraday stability below the psychological barrier of 163.00, as we find the negative signs started to appear on the stochastic …
Read More »CAD repeats the chances of rising 18/8/2022
We adhered to intraday neutrality during the previous report due to conflicting technical signals, clarifying that we are monitoring the pair’s price behavior from below around 1.2870 and from above around 1.2920. Technically, we find the pair was able to stabilize above the 1.2870 resistance level and is now hovering …
Read More »GBP: negative side needs confirmations 18/8/2022
Oil, Crude, trading
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