Oil, Crude, trading
Read More »Gold takes advantage of the weak dollar 1/8/2022
The yellow metal prices achieved good gains at the end of last week’s trading for the third consecutive session, after it succeeded in building on the support floor of 1755, recording its highest level of 1767, taking advantage of the weakness of the US currency. Technically, by looking at the …
Read More »Euro is looking for more bullish momentum 1/8/2022
The euro showed upward movements against the US dollar, which continued its descending correction to its lowest level in 3 weeks to record the highest level last Friday at 1.0254. Today’s technical vision indicates the possibility of continuing the bullish bias due to the positive motive coming from the 50-day …
Read More »Dow Jones awaits one of the scenarios 6/7/2022
Oil, Crude, trading
Read More »GBP/JPY: trying to recover temporarily 6/7/2022
A bearish trend dominated the movements of gbp/jpy during the previous trading session, recording its lowest level around 161.60. Technically, we tend to the negative, relying on the pair’s pivot below the 162.80 level, with the pair continuing to get negative pressure from the 50-day simple moving average. Therefore, the …
Read More »CAD: continues to make gains 6/7/2022
The Canadian dollar jumped, achieving noticeable gains, building on consolidation above the 1.2950 resistance level, touching our awaited target at 1.2980, recording the highest level at 1.3086 during the previous trading session. Technically, the positive stimulus comes from the 50-day simple moving average and the pair’s pivot above the psychological …
Read More »GBP: negative pressure continues 6/7/2022
Oil, Crude, trading
Read More »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 »