Technical Analysis

The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …

Oil, Crude, trading

GBP/JPY jumped within the expected positive outlook during the previous analysis, surpassing the official target published during the last analysis, located at 165.20, recording its highest level during the early trading of the current session at 166.00. Technically, we are inclined to the positivity, relying on the pair’s success in …

Limited positive trading returned to dominate the Canadian dollar’s movements, benefiting from the 1.2540 support level, forcing the pair to rebound to the upside and witness the current movements of intraday stability above 1.2550. Technically, we find that the momentum indicator 14 could obtain positive signals on the short time …

Oil, Crude, trading

Negative trading dominated gold prices during the first trading sessions of this week after it failed to maintain trading above the 1850 support level, explaining today that the attempt to break 1848 puts the price under negative pressure, with its target located around 1832 to be satisfied recording at law …

The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …

Oil, Crude, trading

Positive movements dominated the pound sterling’s trading against its Japanese counterpart to reflect the expected bearish tendency during the previous analysis and remind us that consolidation above 163.10 can thwart the bearish scenario and lead the pair to recover quickly to visit 163.85, recording its highest level at 164.10. On …

Sideways trades that tend to the downside continue to dominate the movements of the Canadian dollar, to return to test the strong resistance level located at 1.2600, unable to breach it until now. From the angle of technical analysis today, and with careful consideration on the 4-hour chart, we find …