Technical Analysis

Oil, Crude, trading

GBP/JPY succeeded in achieving the expected positive outlook, touching the second target to be achieved at 152.10, recording the highest level at 152.16. On the technical side, the intraday trading stability is above 151.50, and in general above 151.10, which supports the possibility of continuing the rise accompanied by the …

The Canadian dollar provided negative trading yesterday after it failed during the previous session to maintain trading above the strong support at 1.2600, to record the pair’s lowest level at 1.2545. Technically, we notice the return of the intraday stability above the psychological support 1.2. Furthermore, by looking at the …

Oil, Crude, trading

Oil, Crude, trading

For the third consecutive session, the movements of the yellow metal are witnessing attempts to rise with the aim of retesting the pivotal resistance level at 1770, unable to breach it so far, which forced it to trade negatively during the early trading of the current session, stable around the …

The euro’s trading tended to the negative and it is still maintaining its bearish path against the US dollar for the third consecutive session, within the same technical conditions. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the simple moving …

Negative trading continues to dominate the movements of the German DAX index within the expected bearish context during the previous analysis, heading to approach a few points from the first target, 14,980, recording its lowest level at 14,990. On the technical side, we are inclined to the negativity, relying on …

Oil, Crude, trading

Positive trading dominated the movements of the pound sterling against the Japanese yen, nullifying the negative outlook, as we expected, touching the stop losses order at 151.20. On the technical side today, and with a closer look at the 60-minute chart, we find the 50-day moving average trying to push …