Technical Analysis

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 …

Oil, Crude, trading

Oil, Crude, trading

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, …

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. …

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 …

Oil, Crude, trading

The British pound continues its attempts to maintain the bullish bias against its Japanese counterpart within the bullish path published during the previous analysis, recording its highest level at 156.25. Technically, today, and as seen on the 60-minute chart, there is a possibility to continue rising with the price stability …

The Canadian dollar was able to achieve the view of ​​retesting the support published during the previous analysis, heading towards retesting the required target at 1.2665, recording its lowest level at 1.2657. Technically, we notice the negative pressure coming from the simple moving averages that put negative pressure on the …

Oil, Crude, trading