Oil, Crude, trading
Read More »GBP/JPY: Continues its Gradual Decline
The negative pressure continues to dominate the movements of GBP/JPY within the expected bearish context, gradually approaching the first required target of 150.70 On the technical side, the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred …
Read More »Canadian Dollar Faces Negative Pressure
The current moves of the Canadian dollar are witnessing a bearish tendency after it found a strong resistance level near 1.2700, failed to settle above it for a long time within a bearish slope that aimed to retest the pivotal support 1.2600. Technically, we find that it started moving below …
Read More »GBP is Looking For Direction
Oil, Crude, trading
Read More »Oil Continues to Achieve Gains
Oil, Crude, trading
Read More »Gold is Settled Below Resistance
Gold prices witnessed negative trades during the last trading session to close below the critical resistance of 1799. On the technical side today, we notice here a contradiction in the technical signals between the negative pressure of the 50-day moving average, which presses the price and meets around 1799/1800, and …
Read More »Euro Maintains Bearish Trend
Limited sideways trading dominates the euro’s movements for the second session in a row, and it hits the strong resistance level of 1.1850, unable to breach it so far, which forced it to the downside, to put negative pressure on the 1.1800 support level. With a closer look at the …
Read More »German Dax Facing Selling Pressure
The current movements of the German DAX index are witnessing a bearish tendency after it failed to stabilize above the 15,750 resistance level. Technically, today we tend to the negativity, relying on the negative pressure coming from the simple moving average that continues to pressure the price and RSI below …
Read More »Dow Jones Settles Below Resistance
Oil, Crude, trading
Read More »GBP/JPY: Hits The Resistance Barrier
The British pound managed to touch the first target required at 152.80, then declined quickly towards 151.00. Technically, with the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred today, provided that we confirm the breach of …
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