The European single currency maintains positive stability, benefiting from a successful retest of the psychological barrier 1.1400 support level. As a result, the intraday movements are still stable above the mentioned level. On the technical side, the 50-day moving average still holds the price below, supporting the bullish pricing bias. …
Read More »German Dax: Continues to Advance 9/2/2022
The German DAX index succeeded in touching the first target price station during the previous analysis, located at the price of 15270, and it is close by a few points from the required official station 15350, recording its highest level at 15334. The technical side today, we notice if the …
Read More »Dow Jones Building on Support 9/2/2022
Oil, Crude, trading
Read More »GBP/JPY: Repeats Attempts to Rise 9/2/2022
The pound against its Japanese counterpart touched the first target published during the previous report, at 156.45, recording the highest level at 156.72. Today, and carefully looking at the 60-minute chart, we notice that the pair continues to obtain a positive stimulus from the 50-day simple moving average, accompanied by …
Read More »The Canadian Dollar: Monitor Price Behavior 9/2/2022
Sideways movements that tend to be negative tend to dominate the Canadian dollar for the second consecutive session. The pair’s movements are between the support level of 1.2665 and below the strong resistance level of 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …
Read More »The Pound is Stable Above The MA 9/2/2022
Oil, Crude, trading
Read More »Oil Touch The Bearish Target 9/2/2022
Oil, Crude, trading
Read More »Gold Continues Its Gradual Rise 9/2/2022
Gold prices maintain the gradual bullish tendency after it succeeded in breaching the resistance level of 1810, recording its highest level during the previous trading session of 1829. Technically and by carefully looking at the 4-hour chart, we notice that the moving average supports the bullish price curve. In addition, …
Read More »The Euro Maintains The Same Technical Conditions 9/2/2022
The European single currency maintains positive stability, benefiting from a successful retest of the psychological barrier 1.1400 support level. As a result, the intraday movements are still stable above the mentioned level. On the technical side, the 50-day moving average still holds the price below, supporting the bullish pricing bias. …
Read More »German Dax: Building on Support 8/2/2022
The German DAX index managed to touch the first price stop published during the last analysis, at 15,240, recording its highest level of 15,254. Technically, the index was able to establish a good support floor near 15,090, and as we notice the clear positive signs on stochastic, supporting the idea …
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