The single European currency declined significantly during the previous trading session, within the negative outlook, as we expected, touching the official target station at 1.1700. Technically, the pair succeeded in confirming the breach of the 1.1760 support level, which is now turned into a resistance level that supports the negativity …
Read More »German Dax Starts Negative
Mixed trading dominates the movements of the German DAX index, to start its daily trading on a descending price gap, recording its lowest price of 15,850. On the technical side today, and with a careful look at the 60-minute chart, we find the 50-day moving average pressing the price from …
Read More »Dow Jones Trying to Rising
Oil, Crude, trading
Read More »GBP/JPY: Declined to Touch The Second Goal
The pound sterling against the Japanese yen remarkably declined to touch the second target during the previous trading session, at 151.30, recording its lowest level at 150.92. Technically, we are inclined to the intraday positivity, relying on temporary stability above 150.90, which is accompanied by the attempts of stochastic to …
Read More »The Canadian Maintains Its Gains
The Canadian dollar managed to maintain positive stability above the pivotal support level published during the previous analysis, located at the price of 1.2500, heading towards touching the first target of 1.2590, recording the highest price of 1.2598 during the early trading of the current session. Technically, the bullish trend …
Read More »Sterling Couldn’t Break Through
Oil, Crude, trading
Read More »Crude Oil: Negative Pressure Continues
Oil, Crude, trading
Read More »Gold Continues to Rise Gradually Towards Bullish Goals
A gradual rise in gold prices during the first trading sessions of this week within the expected bullish path during the previous analysis, recording its highest level at 1789. On the technical side today, by looking at the 4-hour chart, and with the regular work within the bullish price channel, …
Read More »The Euro Waiting For Confirmation
The euro failed to achieve the required rise during the previous trading session against the USD after it found a strong resistance level around the psychological barrier of 1.1800. Technically, the euro starts pressing on the 1.1760 support level, and with careful consideration on the chart, the simple moving averages …
Read More »German Dax Rebounding And Positivity Has Conditions
The bullish slant dominated the movements of the German DAX index within the expected bullish path during the previous analysis, touching the first target at 15,990 and approaching by a few points from the 2nd at 16,060, recording a high of 16,030. On the technical side, the pair’s pivoting above …
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