The European currency witnessed typical trading during the previous trading session to test the bullish target of 1.0485, recording the highest level at 1.0510, and returning to the main bearish trend again, approaching a few points from the official descending station at 1.0350, recording its lowest level at 1.0360. Technically …
Read More »Dow Jones continues to lose 15/6/2022
Oil, Crude, trading
Read More »GBP/JPY: extends losses 15/6/2022
The British pound extended its losses against its Japanese counterpart after failing to maintain trading and stability above the 163.00 level, recording its lowest price during the last session, 161.35. On the technical side, we tend to the negativity, relying on the pair’s continuing negative pressure from the simple moving …
Read More »CAD is making remarkable gains 15/6/2022
The Canadian dollar continues its bullish movements within the bearish context published during the previous analysis, touching our required official target at 1.2910 to record the highest level at 1.21975. Technically, the current movements of the pair are witnessing a limited bearish tendency as a result of reaching the overbought …
Read More »GBP takes heavy hits from the USD 15/6/2022
Oil, Crude, trading
Read More »Gold confirms the break 15/6/2022
Gold incurred noticeable losses during the previous trading session after it failed to maintain trading above 1850, confirming the break of 1838, explaining in the last report that breaking the mentioned levels is a sign of a shift in the trend to the downside, with targets of 1831 and 1810, …
Read More »The Euro may witness a bullish tendency 15/6/2022
The euro continues to decline against the US dollar within a solid bearish trend that dominates the pair’s movements, as we expected, touching the target price station during the last report at 1.0430, recording its lowest level during the previous trading session 1.0397. On the technical side today, and with …
Read More »Dow Jones incurs heavy losses 13/6/2022
Oil, Crude, trading
Read More »GBP/JPY: Looking for extra momentum 13/6/2022
GBP/JPY could achieve the idea of retesting the required target during the previous analysis published at the end of last week’s trading, touching the target of 165.70, recording its lowest level at 165.17. Technically, the current moves are witnessing attempts to stabilize above the 50-day simple moving average and the …
Read More »CAD extends gains 13/6/2022
Notable gains were achieved by the Canadian dollar within the expected bullish path during the previous report, touching the extended target required to be touched at 1.2810, recording its highest level during the early morning trading of today’s session at 1.2820. Technically, and by looking at the 4-hour chart, we …
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