The movements of the Canadian dollar witnessed positive trades after it ended its daily transactions above the pivotal support floor published during all the reports of this week 1.2665, which forced it to rebound upwards stable above the resistance level of 1.2730. Technically, the return of the simple moving averages …
Read More »GBP: Hits The Resistance 11/2/2022
Oil, Crude, trading
Read More »Oil May Resume The Bearish Corrective Slope 11/2/2022
Oil, Crude, trading
Read More »Gold Gives up Gains 11/2/2022
The yellow metal prices managed to touch its target at 1842, recording its highest level during the last session’s trading of 1842, returning to the negativity again due to hitting the resistance level of 1842 represented by the first bullish target. Technically, by looking at the 4-hour chart, we notice …
Read More »The Euro Starts Negative Pressure 11/2/2022
The movements of the Euro against the US dollar witnessed a mixed session, approaching by a few points from the first official station targeted in the previous analysis at the price of 1.1510, posting the highest level of 1.1495, to trade again on the negative side due to approaching the …
Read More »GBP/JPY: Positive Attempts 10/2/2022
The gradual rise of GBP/JPY within an ascending path to the upside, approaching by a few points from the official station 157.00, to record the highest level at 156.85. Today, by looking at the 60-minute chart, we notice that the pair continues to obtain positive motive from the 50-day SMA, …
Read More »The Canadian Dollar: Looking for Confirmation 10/2/2022
Narrow sideways movements that tend to be negative dominate the Canadian dollar for the second session in a row. The pair’s movements are above the pivotal support floor 1.2665 and below the strong resistance level 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …
Read More »GBP: Negativity Needs to Confirm The Breach 10/2/2022
Oil, Crude, trading
Read More »Oil Touches The Target of The Bearish Corrective Tendency 10/2/2022
Oil, Crude, trading
Read More »Gold Touches The Required Target Ahead of Inflation Data 10/2/2022
Gold prices maintained their gains within the expected bullish path, heading to touch the target price station at 1836, recording its highest level during the last session’s trading of 1835. Technically, and by looking at the 240-minute chart, we notice that the price continues to receive positive momentum signals from …
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