The British pound continues its positive movements against its Japanese counterpart within the expected bullish path, touching the target, around 162.85, recording the highest of 162.80. On the technical side, today, we tend to resume the bullish bias, relying on the positive motive coming from the 50-day simple moving average, …
Read More »CAD gets positive signals 1/6/2022
The movements of the Canadian dollar witnessed a bearish tendency during the last trading session, heading to touch the first target that is required to be touched at 1.2635, to record its lowest level at 1.2630. Technically, we notice that the pair has benefited from the support level represented by …
Read More »GBP is facing selling pressure 1/6/2022
Oil, Crude, trading
Read More »Gold is facing a decline 1/6/2022
The yellow metal prices declined during the previous trading session to reflect the bullish trend in the last report. Therefore, we relied on the stability of trading above the pivotal support floor 1840, recording its lowest level during the morning trading session of today’s session 1833. Technically, and by looking …
Read More »The euro hovers around the pivotal levels 1/6/2022
Amid quiet trading, the single European currency maintained its positive stability within the expected bullish path during the previous analysis, with a gradual rise towards the required target of 1.0800, recording the highest during the last session’s trading of 1.0787. Technically, today, the current movements of the pair are witnessing …
Read More »German DAX extends its gains 31/5/2022
Oil, Crude, trading
Read More »Dow Jones continues the bullish path 31/5/2022
Oil, Crude, trading
Read More »GBP/JPY: touches the bullish target 31/5/2022
During the last session, the British pound jumped against its Japanese counterpart, within the expected positive outlook during the previous analysis, touching the required target at 161.45, recording its highest level at 161.97. On the technical side today, the pair’s pivot above the support level of 160.50 supports the continuation …
Read More »CAD continues its gradual decline 31/5/2022
Negative trading continued to dominate the movements of the Canadian dollar within the expected negative outlook during the last analysis, in which we relied on confirming the pair’s breach of the 1.2770 support level, touching the first target that is required to be touched, 1.2665, recording its lowest level during …
Read More »GBP is facing temporary negative pressure 31/5/2022
Oil, Crude, trading
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