Negative trading dominated the movements of the Canadian dollar as we expected to touch the required target for the bearish technical structure mentioned in the previous analysis at 1.2500, recording its lowest price during the early trading of the current session 1.2495. Technically, The negative pressure of the 50-day moving …
Read More »The Pound Continues to Rise Against The Dollar 13/1/2022
Oil, Crude, trading
Read More »Oil Continues to Move Within The Upside Wave 13/1/2022
Oil, Crude, trading
Read More »Gold Continues to Rise 13/1/2022
The yellow metal prices consolidated its gains at the expense of the US dollar’s decline, heading to touch the target price station during the last analysis at 1828, recording its highest level at 1828. Technically, and by looking at the 4-hour chart, we notice the price’s intraday stability above the …
Read More »Euro Breaks Through The Resistance 13/1/2022
Within the bullish context published during the previous analysis, the single European currency managed to achieve noticeable gains against the US dollar. Therefore, we relied on confirming the breach of 1.1380, targeting 1.1360, on recording the euro’s highest level at 1.1455. On the technical side today, and with careful consideration …
Read More »Germany’s DAX Makes Remarkable Gains 12/1/2022
The German DAX index achieved noticeable gains within the bullish path published in the last report, recording its highest level at 15,995. Technically, we tend to be positive, but cautiously, relying on the stability of the 14-day momentum indicator above the 50 mid-line, in addition to the index’s success in …
Read More »The Dow Jones is Holding The Support Level 12/1/2022
Oil, Crude, trading
Read More »GBP/JPY: Looking For More Upside 12/1/2022
The British pound continues to advance against its Japanese counterpart and starts today’s session positively, attacking the strong resistance level at 157.40. On the technical side, we tend to the positivity, relying on the stability of the intraday trading above the 156.60 support level, accompanied by positivity signs that start …
Read More »The Canadian Dollar Touches The First Target of The Bearish Path 12/1/2022
The Canadian dollar managed to achieve the bearish path published during the technical report yesterday, heading towards touching the first target of the previously mentioned bearish technical structure 1.2570, recording its lowest price during the early trading of the current session 1.2545. Technically, and with the continuation of the negative …
Read More »The Pound Continues to Rise Against The Dollar 12/1/2022
Oil, Crude, trading
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