The Canadian dollar managed to consolidate, maintaining positive stability above the previously breached resistance level 1.2730, touching the first target at 1.2770, recording its highest level during the early trading at 1.2770. Technically, with the pair’s success in establishing a solid support floor in general above 1.2665, in addition to …
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Oil, Crude, trading
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Oil, Crude, trading
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Gold prices jumped during the early morning trading after it succeeded in breaching the resistance level of 1905, explaining last Friday that the breach of the mentioned level can extend gold’s gains to visit 1916, recording its highest level at 1914. Technically, the price’s success in building an intraday basis …
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The euro’s attempts to stabilize above the key supply area published throughout last week’s reports at 1.1380, which represents the key to the bearish trend, pushed the pair towards the target 1.1300, recording its lowest level during the morning trading at 1.1295. Technically, by looking at the 4-hour chart, we …
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In the previous session, the German DAX index declined significantly after failing to maintain trading above the support level published during the last analysis at 15,300. The decline below the mentioned level puts the price under strong negative pressure targeting 15,150, recording its lowest price of 15,123. On the technical …
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Oil, Crude, trading
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GBP/JPY touched the first bearish target published during the last analysis, located at 156.10, recording its lowest level at 156.06. The intraday movements of the pair are witnessing a slight bullish tendency as building on the support of 156.00, in addition to the attempts of the stochastic indicator to obtain …
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The technical outlook is unchanged, and the movements of the Canadian dollar did not change significantly within a stable sideways price range from below the 1.2665 support floor and from above below the 1.2730 resistance level. Technically, and carefully looking at the 4-hour chart, we notice the positive crossover signs …
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Oil, Crude, trading
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