Technical Analysis

Trading tilted to the positive within the expected bullish path yesterday so that GBP/JPY could touch the first target of 163.75, recording its highest level at 163.5. On the technical side today, we tend to decline in our intraday trading, based on the clear negative signs on stochastic, in addition …

The Canadian dollar is trying to obtain some strength, cancelling yesterday’s decline view. We relied on trading stability during the European session, below 1.2880, to record its highest level at 1.2905. Technically, we find the pair succeeded in relying on the bullish trend support line represented by the price of …

Oil, Crude, trading

Gold prices achieved the positive outlook as we expected, reaching the first target mentioned in the previous report, at 1797, attacking the psychological resistance level of $1800 per ounce. Today’s technical view indicates the possibility of an upside potential based on the price’s success in surpassing the upside and consolidating …

We adhered to intraday neutrality during the previous session due to the conflicting technical signals to see the euro challenging to surpass the minor resistance level published during the last report represented by the price of 1.0240, which limited the bullish bias. Technically, signs of negativity began to appear on …

Oil, Crude, trading

GBP/JPY made positive trades during the previous trading session, approaching the first target to be touched at 164.10, recording the highest of 163.85. On the technical side today, we find the 50-day simple moving average that supports the bullish price curve, in addition to the pair’s success in building a …

Negative trading has regained control over the movements of the Canadian dollar after it failed to stabilize for a long time above the strong resistance level published during the previous analysis at 1.2930, which forced it to trade negatively again. Technically, the pair’s current movements are witnessing a return to …

Oil, Crude, trading

Gold prices witnessed a positive trading session, compensating for its losses last Friday, nullifying the idea of ​​resuming the decline, in which we relied on stability below the 1779 resistance level. Instead, recording a high of 1790. Technically, by looking at the 4-hour chart, we find the simple moving average …