Negative trades returned to dominate the euro’s movements against the US dollar, after it found a strong resistance level near 1.1480, to start the first weekly trading on a bearish slope. It is now hovering around the psychological support level of 1.1400. Technically, and carefully looking at the 4-hour chart, …
Read More »GBP/JPY: Facing Negative Pressure 14/1/2022
The Pound against the Japanese Yen succeeded in achieving the idea of retesting the support published during the previous analysis, surpassing the target to be achieved at 156.60, to record its lowest level around the psychological support level 156.00. Technically, the current movements are witnessing a bullish tendency due to …
Read More »The Canadian Dollar Touches The Desired Goal 14/1/2022
Negative trading dominated the movements of the Canadian dollar as we expected, touching the required goal for the bearish technical structure mentioned in the previous analysis at 1.2465, recording its lowest price at 1.2453. Technically, the current moves are witnessing attempts to rebound to the upside as it closed yesterday’s …
Read More »The Pound is Stable Above Support 14/1/2022
Oil, Crude, trading
Read More »Oil Faces Conflicting Technical Signals 14/1/2022
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Read More »Gold Maintains Gains 14/1/2022
The technical outlook remains unchanged, to find that the prices of the yellow metal are trading positively, maintaining the gains that were achieved during this week’s trading, reaching the highest of 1828. Technically, and by looking at the 4-hour chart, we notice the price’s intraday stability above the support level …
Read More »The Euro Extends Its Gains 14/1/2022
The single European currency continued to achieve gains against the US dollar within the expected upward trend during the last analysis, heading towards touching the goal of 1.1480, recording the highest level at 1.1481. Technically, the pair is now hovering around the highest level during the session, accompanied by the …
Read More »German DAX Retests Support 13/1/2022
The German DAX index managed to touch the first target published during the previous analysis, at 16,050, to record its highest level of 16,065. The current movements of the index are witnessing a decline as a result of hitting the resistance level 16,065 represented in the previous target, as we …
Read More »Dow Jones is Trying to Get Rid of The Negativity 13/1/2022
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Read More »GBP/JPY: Looking For Momentum 13/1/2022
Positive trades dominated the pound’s movements against its Japanese counterpart. However, it hit a strong resistance level around 157.70, which forced it to trade with negativity that is still limited so far. On the technical side, today, and carefully looking at the 60-minute chart, we notice that the 50-day moving …
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