Technical Analysis

Positive trading continues to control the movements of the pound sterling against the Japanese yen, reaching the level of 166.22, maintaining positive stability. Technically, we are inclined to the positive, but cautiously, relying on a pivot above the 164.70 support floor, along with the pair obtaining a positive stimulus from …

The movements of the Canadian dollar witnessed several consecutive sessions of ascending to find the pair collided with the resistance level of the psychological barrier 1.3000, which pressures the current intraday movements to the downside. From the technical analysis point of view today, and with a closer look at the …

Oil, Crude, trading

Gold prices found a good support level around 1833 over several consecutive sessions, unable to break the mentioned level, trying to hold on to its ascending path, and it is now hovering around its highest level during the early morning trading of 1840. On the technical side, stochastic is trying …

Quiet trading tilted to the positivity that dominated the movements of the euro against the US dollar amid the absence of US markets yesterday to find the pair trying to establish a support floor around 1.0470, which forced it to rebound to the upside. Technically, the current moves are witnessing …

Oil, Crude, trading

The British pound reached the official target at 164.65, surpassing the target to record its highest level of 165.75. Technically, we tend to the positivity, relying on the pair’s success in stabilizing above 163.65, accompanied by obtaining a positive stimulus from the 50-day simple moving average, which returned to hold …

Positive attempts by the Canadian dollar to maintain positive stability after it built a strong support level at 1.2885 within a gradual ascent to the upside. Technically, we tend to the positivity, relying on the positive motive coming from the 50-day simple moving average, which continues to hold the price …

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis due to the conflict of technical signals, explaining that activating the buying positions requires coherence above 1842, which enhances the possibility of touching 1846 and 1850, respectively, and extends the targets to visit 1860 so that gold reaches its highest level …