Oil, Crude, trading
Read More »Oil Building on Support
Oil, Crude, trading
Read More »Gold is Stable Below Resistance
Positive attempts for the yellow metal in the previous session, retesting the main resistance level at 1799, recording its highest level at 1795. Technically, and carefully looking at the 4-hour chart, we notice the 50-day moving average is still an obstacle for gold to achieve further rise. We also find …
Read More »The Euro Attacks The Resistance
Positive trading dominated the euro’s movements against the US dollar yesterday, after the European Central Bank President’s statements, reaching its highest level at 1.1692. On the technical side today, the stability of the intraday trading is above the previously breached resistance 1.1640, represented by the 23.60% Fibonacci correction that supports …
Read More »German Dax Benefits Building on Support
The support levels published during the previous analysis, represented by our required target of 15,480, were able to limit the bearish bias, which forced the German DAX to trade positively, benefiting from touching our awaited target. Technically, we find the 50-day moving average that supports the rise, in addition to …
Read More »The Dow Jones Repeats Its Attempts
Oil, Crude, trading
Read More »GBP/JPY: Tends to Negativity
The pound fell against the yen noticeably during last Friday’s trading, canceling the positive outlook as we expected, retesting the psychological support level of 156.00. On the technical side, today, we are inclined to the negativity, relying on the stability of the intraday trading below the minor resistance level at …
Read More »The Canadian May Witness a Slight Upward Correction
The Canadian dollar benefited from the 1.2330 support level, which formed a good floor that helped the pair rebound to the upside to retest the 1.2410 resistance level within a positive slope that is still limited. Technically, we notice the return of the 50-day moving average still holding the price, …
Read More »The British Pound is Losing Bullish Momentum
Oil, Crude, trading
Read More »Oil is Witnessing Negative Pressure
Oil, Crude, trading
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