Oil, Crude, trading
Read More »Oil Breaks Through Resistance
Oil, Crude, trading
Read More »Gold Attacks The Resistance
Gold prices surged significantly at the end of last week’s trading, within the expected bullish path in the previous analysis, in which we relied on confirming the breach of 1789, targeting 1799 to surpass the official target station, recording the highest of 1813. Technically, by looking at the 4-hour chart, …
Read More »Euro Looking For Confirmations
We remained neutral during the last report due to the conflicting technical signals, clarifying that we are waiting for one of the directional keys that continue to dominate the euro against the US dollar. We find the price range sideways to the positive throughout several consecutive sessions, confined from below, …
Read More »GBP/JPY: Touches TheTarget And The Negativity in Place
Negative trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bearish path during the previous analysis, touching the awaited target 157.30, recording its lowest level in the last session’s trading session, 156.78. On the technical side today, and by looking at the 60-minute chart, …
Read More »The Canadian Trying to Build on Support
The Canadian dollar was able to activate the idea of retesting the resistance published during the previous analysis. We relied on intraday stability above the 1.2300 support level to raise risk appetite for an intraday rise towards our awaited target of 1.2375, recording the highest level at 1.2388. Technically, despite …
Read More »The British Pound May Witness a Temporary Decline
Oil, Crude, trading
Read More »Oil: Facing Selling Pressure
Oil, Crude, trading
Read More »Gold is Gradually Rising
Bearish trading tends to the positivity that dominated gold’s movements during the previous trading session, and there was no significant change in the technical signals. On the technical side today, we find the simple moving averages still supporting the bullish price curve, accompanied by positive signals coming from the RSI …
Read More »Euro Awaits Pending Orders
Sideways trading with the narrow range dominating the euro’s movements against the US dollar, confined from the bottom above the psychological support level of 1.1600 and below the resistance level of 1.1680. Technically, we notice some bearish bias due to trading stability below the 1.1680 resistance level represented by the …
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