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Read More »GBP: negative pressure continues 6/7/2022
Gold surrenders against USD 6/7/2022
Gold witnessed big losses yesterday, under pressure from the rise of the US dollar, achieving the bearish scenario published in the last analysis, explaining that breaking 1800 extends gold’s losses, targeting 1784, recording its lowest level at 1763. On the technical side today, the simple moving averages still exert negative …
Read More »Euro breaks pivotal levels 6/7/2022
EURUSD incurred noticeable losses during the last trading session, within the expected bearish technical outlook in the previous analysis, explaining that the official target of the current downside wave is its target at 1.0285, recording its lowest level at 1.0235. Technically and carefully considering the 4-hour chart, we notice the …
Read More »Dow Jones dives 1/7/2022
Oil, Crude, trading
Read More »GBP/JPY: declining sharply 1/7/2022
Negative trading dominated the movements of the pound sterling against the Japanese yen within a strong bearish track, which recorded its lowest level during the early morning trading session at 163.35. On the technical side, the pair’s current moves are witnessing stability around the lowest level of 163.35, with pressure …
Read More »CAD: gradually rising 1/7/2022
Quiet positive trading dominated the movements of the Canadian dollar within a gradual ascent to the upside, achieving the condition for the rise referred to during the previous analysis: cohesion above 1.2900 to touch the required target of 1.2930. Technically, we find the simple moving averages trying to push the …
Read More »GBP: negative pressure is in place 1/7/2022
Oil, Crude, trading
Read More »Gold: the decline has conditions 1/7/2022
During all reports of this week, a bearish trend dominated gold prices within the expected bearish path, explaining that exit from that range depends on breaking 1820 and 1842, as activating selling positions requires breaking 1820 and targeting 1800. Technically, the simple moving averages are still pressing the price from …
Read More »Euro touches goal 1/7/2022
Bearish movements dominated the euro against the US dollar within the expected negative outlook during the previous analysis, touching the first target of 1.0400 and approaching by a few points the second target of 1.0375, recording its lowest level at 1.0382. On the technical side, the trading witnessed a little …
Read More »Dow Jones continues to achieve bearish targets 30/6/2022
Oil, Crude, trading
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