The Canadian dollar’s movements witnessed a bullish bounce during the previous trading session, clarifying the importance of the pivotal support floor located at 1.2710, which forced the pair to rally to the upside to visit 1.2860. From the angle of technical analysis today, and with careful consideration of the 4-hour …
Read More »GBP incurred strong losses 6-5-2022
Oil, Crude, trading
Read More »Gold hits pivotal resistance barrier 6/5/2022
Gold prices managed to achieve the first target required to be touched during the previous analysis, at 1910, recording its highest level at 1910. To remind, we indicated during the report issued yesterday that the price behavior of gold should be monitored around 1910 due to its importance to the …
Read More »The Euro is temporarily rising 6/5/2022
mixed trading Dominated the movements of the euro against the US dollar, approaching the realization of the idea of the temporary rise referred to during the previous analysis at a price of 1.0640, recording the highest level at 1.0640. From the angle of technical analysis today, and carefully looking at …
Read More »German DAX could see a further rise 5/5/2022
Oil, Crude, trading
Read More »Dow Jones rebounds to the upside 5/5/2022
Oil, Crude, trading
Read More »GBP/JPY: is witnessing a bearish corrective slope 5/5/2022
Negative movements dominated the British pound against its Japanese counterpart after hitting the resistance level of 163.60, which forced the pair to trade with clear negativity again, to witness the stability of the current movement around the lowest level during early trading at 162.10. On the technical side, today, we …
Read More »CAD is under selling pressure 5/5/2022
The Canadian dollar declined noticeably after several days of consecutive ascent after it succeeded in recording its highest levels around the psychological barrier of 1.2900. Technically, we find that the pair failed to stabilize for a long time above 1.2900 and failed to maintain the trading level above 1.2750. With …
Read More »GBP testing support 5-5-2022
Oil, Crude, trading
Read More »Gold breaks through the resistance, may witness a recovery 5/5/2022
There was a noticeable rush in the yellow metal’s prices during the last session’s trading, trying to compensate for its previous losses, to witness the current movements of intraday stability above the resistance level of 1890. On the technical side today, and by looking at the 4-hour chart, we notice …
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